Globalization refers to the process by which goods, services, capital, people, and ideas

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Globalization involves the movement of goods, services, capital, people, and ideas across national borders. This process has been facilitated by advancements in technology, transportation, and communication, and has led to increased interconnectedness and interdependence between countries. While global trade and investment can bring economic benefits, it can also create challenges such as income inequality and job displacement.

Globalization Refers to the Process by Which Goods, Services, Capital