Globalisation

Globalisation Involves the spread of economic, social and cultural ideas across the world, and the growing uniformity between different places that results from this spread. It has come about as a result of the increased integration of national economies through the growth of international trade, investment and capital flows, made possible by rapid improvements in technology.

In other words it is the increased and freer trade in goods and services and the greater mobility of Capital, finance and labour between countries.