What is globisation
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Posted by Davinder Chawla 5 years, 2 months ago
- 4 answers
Somiya Mandal 5 years, 2 months ago
Gaurav Seth 5 years, 2 months ago
- Globalisation means the flows of ideas, capital, commodities and people across different parts of the world. It is a multidimensional concept. It has political, economic and cultural manifestations and these must be adequately distinguished.
- Globalisation need not always be positive. It can have negative consequences for the people.
- As a concept, globalisation fundamentally deals with flows. These flows can be ideas moving from one part of the world to another, commodities being traded across borders and so on.
- The crucial element is the worldwide inter connectedness which is created and sustained as a consequence of these constant flows.
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Somiya Mandal 5 years, 2 months ago
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