Globalization refers to the growing interconnectedness of the world through trade, technology, culture, and communication. It has transformed how countries interact, breaking down barriers and creating a global marketplace. Businesses expand across borders, sharing goods, services, and ideas, while technology connects people instantly, fostering collaboration and cultural exchange. Globalization boosts economic growth, offers access to diverse products, and creates job opportunities.
Also See: Global Technology PPT
Globalization PPT: Forms, Impacts, Key Drivers
However, it also raises challenges like income inequality, environmental concerns, and cultural homogenization. Balancing its benefits and drawbacks is essential for sustainable progress. Ultimately, globalization shapes the modern world, bringing both opportunities and responsibilities on a global scale.
Also See: Biological Classification PPT