What Is Economic Globalization?

Answer

Economic globalization refers to the rapid growth and interconnections between nations and social communities that make up the present world system. To be successful, the leaders of the globalization process need to practice the virtues of respect for religious and cultural values, and sacrifice their economic self-interest for the benefit of people suffering poverty and want.
1 Additional Answer
Economic globalisation is the increasing economic interdependence of national economies across the world, through a rapid increase in cross-border movement of goods, service, technology and capital. It may involve trade between individuals or businesses in one country with those of another.
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