GLOBALIZATION ESSAY 1 (100 WORDS)

Globalization is the process of growing, developing and expanding the business,

services or technologies all through the world. It is the expansion of various
businesses to the global markets throughout the world. It requires huge
international investment to develop large multinational corporations for the
worldwide economic integration. It is to increase the connectivity and
interdependence of the businesses in the worldwide markets. In the last few
decades, globalization has taken the form of technological advancement which
resulted in easier travel, communication, and other businesses on international
level for the people. On one hand, where globalization has made easy access of
technologies to the people, it has also decreased the opportunity of success by
increasing competition.