Globalization

Globalization

The free and comprehensive interaction of countries in the world in the areas of politics, economics, society, technology, and culture.

Existence of a World Market

One of the main causes of globalization.

• Trade Liberalization

• Open Markets

Growth of International Financial Institutions

One of the main causes of globalization. They act as economic stabilizers.

• offering loans to build infrastructure like schools, hospitals, and roads, or to prevent economic collapse.

Development of Modern International Transportation and Communication

• e-commerce fast shipping 

•  videostreaming shows instantly through undersea internet cables. 

• information moves instantly through the internet and 5G, enabling companies to run their global operations from a single location.

Transnational Corporations

a large company that operates in multiple countries, with a headquarters in its home country and operations like factories or offices in at least one other nation

Foreign Direct Investment

When a company builds something physical, like a factory or research center, in another country. 

Promotion of Innovative Ideas and Modern Technologies

Thanks to new technologies, ideas, apps, scientific discoveries, and business models can cross borders instantly. This fast sharing accelerates global culture, innovation, and business growth