c) Globalization is best described as the 'shrinking' of the global community, drawing people into. closer contact with one another primarily at the economic and technical levels.Jan 6, 2021
Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.Nov 24, 2021
Best described as intensification of worldwide social relations and increasing interdependence, globalization is the result of the compression of space and time through the development of new technologies.Feb 23, 2021
Which statement best describes how globalization connects the world? Globalization helps create new forms of transportation, communication, and technology.