All you need to know about Globalization

By Sneha Shanti|Updated : January 1st, 2019

 

Globalization describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade. It aims for the establishment of a borderless world.  Traditions and culture of a geographical entity hold a lot of significance in lieu of being the most distinct differentiating factor for a population. In the context of globalization, this uniqueness has undergone a lot of change, particularly with respect to the developing economies. Indian Society has drastically changed post globalization and has ushered a lot of changes in the Indian culture. Economic policies have a direct impact on shaping the structural framework of the economy.

Let us look into the wider nuances of the concept in the article given below. So, click on the link below to read the article & BYJU'S Exam Prep your UPSC exam prep!

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For Hindi version of the article, click here

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