What is Globalisation?

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Movement of people

Movement of goods

Movement of technology

All of above

answer is D.

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Detailed Solution

Globalisation is the Movement of people, the Movement of goods and technology. It is the process of the interconnection of countries. Following are the ways by which we can understand the term Globalisation.
1)      The movement of people from one country to another in search of better opportunities, better earnings, a better standard of life, better working conditions etc., is a part of Globalisation.
2)      Companies start production in different countries to expand their trade, and goods movement occurs. People buy these goods and pay for them; this leads to an increase in production and huge profit for the company. This means companies are present globally through the commodities they produce.
3)      Technology has raised the movement of goods and the movement of people. Technology enables people to talk at a distance and learn from teachers from different countries over the internet. This shows that Globalisation is not within the country but beyond the country.

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