encompasses the socio-economic reform process of eliminating trade, investment, cultural, information technology, and political barriers across countries, which could lead to increased economic growth and geo-political integration and interdependence among nations of the world.

Globalization

Explanation:

Globalization is the connection of the world which results in the expansion of international economic, cultural and political activities. Globalization is the integration and movement of people and goods among different countries.

Globalization can be used to describe how technology and trade have connected the world and made the world an interdependent place. It also captures the social and economic changes that have taken place.

Globalization has led to the integration and interaction among individuals, firms, and governments worldwide. Globalization has led to the integration of national economies into a global economy.

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