Globalisation in today’s world has come to imply many things. It is the process by which the people of the world are unified into a single society and function together. This term is also often used to refer to economic globalisation: the integration of national economies into the international economy through trade, foreign direct investments, capital flows, migration and the spread of technology.

Globalisation in today’s world has come to imply many things. It is the process by which the people of the world are unified into a single society and function together. This term is also often used to refer to economic globalisation: the integration of national economies into the international economy through trade, foreign direct investments, capital flows, migration and the spread of technology.

globalisation means integration of an economy with the world economy. In this process, the economies become interdependent at the global level. The policy of globalisation encourages foreign trade and the movement of labour and capital between the nations.

1. the worldwide movement towards, economic, financial trade ,and Communications integrations globalisation implies the opening of local and nationalistic perspective to a border outlook of an interconnected and interdependent world with free transfer of capital goods and services across National frontiers.