Question

What does Globalization mean? What has been making globalization possible to its current extent? How can we measure the extent of the actual globalization?

Answer 1

Globalization is the interaction between different peoples ,companies and governments of different nations.It reduces poverty and unemployment with in many countries. It will also make international trade more easier. In the modern society transportation facility as well as communication facilities improved a lot because of that itself global travel as well as sharing of information becomes more easier than earlier. Mainly we measure globalization to understand the progress and also to identity the problems with in it.A proper study should be done on trade flow, investment flow, people flow, information flow and on foreign investment to measure globalization properly. The globalization is mainly measured based on these factors.