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Understand the Problem

The text discusses globalization, its definition, and its impact, particularly on outsourcing and the growth of information technology services.

Answer

Globalization is the integration of the economy with the world economy involving complex interdependence and activities beyond borders.

Globalization is the integration of the country's economy with the world economy involving complex policies for interdependence and involves activities transcending boundaries.

Answer for screen readers

Globalization is the integration of the country's economy with the world economy involving complex policies for interdependence and involves activities transcending boundaries.

More Information

Outsourcing is a significant outcome of globalization, facilitated by IT, which includes services like BPO, legal advice, etc.

Tips

A common mistake is to understand globalization only in economic terms without recognizing its complexity and broader impacts.

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