Define globalisation, Globalisation is the economic integration of different countries through increasing freedoms in the cross-border movement of people, goods and services, technology and finance., What is meant by globalisation?, Globalisation is a growing interconnection of the world's economies., What is globalisation?, Globalisation is the increasing integration and interdependence of national economies., Is globalisation a new phenomenon?, Globalisation is not a new phenomenon. It has existed for hundreds of years., The FIRST key feature of globalisation, Goods and services are traded freely across international borders., The SECOND key feature of globalisation, People are free to live and work in any country they choose., The THIRD key feature of globalisation, There is a high level of interdependence between nations., The FOURTH key feature of globalisation, Capital can flow between different countries., The FIFTH key feature of globalisation, There is a free exchange of technology and intellectual property across borders., Does the process of globalisation complete?, It should be noted that the process of globalisation is NOT complete. This is because some restrictions still exist..

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