Globalization is the spread of products, technology, information, and jobs across national borders and cultures. In economic terms, it describes an interdependence of nations around the globe fostered through free trade. On the upside, it can raise the standard of living in poor and less developed countries by providing job opportunity, modernization, and improved access to goods and services. On the downside, it can destroy job opportunities in more developed and high-wage countries as the production of goods moves across borders. Globalization's motives are idealistic, as well as opportunistic, but the development of a global free market has benefited large corporations based in the Western world. Its impact remains mixed for workers, cultures, and small businesses around the globe, in both developed and emerging nations.

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Globalization is the process by which ideas, goods, and services are spread throughout the world. In business, the term is often used in an economic context to describe an integrated economy marked by free trade.

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Globalization is the integration of national economies through trade, investment, capital flow, labor migration, and technology.

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Globalization is the process of growing and expanding to exist throughout the entire world.

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वैश्वीकरण का शाब्दिक अर्थ स्थानीय या क्षेत्रीय वस्तुओं या घटनाओं के विश्व स्तर पर रूपांतरण की प्रक्रिया है। इसे एक ऐसी प्रक्रिया का वर्णन करने के लिए भी प्रयुक्त किया जा सकता है जिसके द्वारा पूरे विश्व के लोग मिलकर एक समाज बनाते हैं तथा एक साथ कार्य करते हैं।

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