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Introduction :- Globalisation is the process of rapid integration or interconnection between countries.
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Globalisation is sharing of resources between nations. Globalisation :- Shrinking world. Technology. Integration of Economies. Peace. Global Nation.
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Shrinking World :- Due to Globalisation, the distances are reduced between Nations. On earth there isn’t any place left which cannot be reached easily. Globalisation made world a single unit.
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Technology :- There is a tremendous change in the technology field, Inventions have crossed the boundaries and the whole world can use them only because of Globalisation.
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Integration of Economies :- Economic integration occurs when countries lower barriers such as import tariffs and open their economies up to investment and trade with the rest of the world.
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High levels of economic exchange act as an accelerant : extensive trade enhances cooperation. Organizations like UNO, prevent war among the nations and maintains world peace. Peace :-
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Global Nation :- Globalisation eventually yielded to the Global-State, made up primarily of a single tribe. Now every nation thinks for world also. Globalisation helped in increasing brotherhood among people.
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THANK YOU Aditya