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In Economics / Junior High School | 2025-05-23

hat are the three dimensions of globalization? Explain each in your own words.

Asked by Kylasaranghe1477

Answer (1)

3 Dimensions of Globalization1. Economic GlobalizationThis refers to the integration of economies worldwide through trade, investment, and capital flows. It means businesses and markets connect across countries, making products, services, and money move more freely.2. Cultural GlobalizationThis is the spread and mixing of ideas, values, and traditions across the world. It leads to shared lifestyles, languages, and entertainment, making cultures influence each other more.3. Political GlobalizationThis involves countries working together through international organizations and agreements. It means political decisions and policies are increasingly influenced by global cooperation rather than just local governments.

Answered by CloudyClothy | 2025-05-23