What is Globalization?

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What is the term used to describe the growing interdependence of the world's economies, cultures, and populations?

Globalization

What is brought about by cross-border trade in goods and services, technology, and flows of investments, people, and information?

Globalization

Which of the following is NOT directly related to the concept of globalization?

Political literacy

What is a key characteristic of globalization?

Growing interdependence of economies, cultures, and populations

What is an example of a factor that contributes to globalization?

Cross-border trade in goods and services

Study Notes

Globalization

  • Globalization refers to the growing interdependence of the world's economies, cultures, and populations.
  • This interdependence is brought about by various factors, including:
    • Cross-border trade in goods and services
    • Technology
    • Flows of investments
    • Movement of people
    • Exchange of information

Identify the correct term that describes the growing interdependence of the world's economies, cultures, and populations. This concept involves cross-border trade, technology, and flows of investments, people, and information.

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