what do u mean by globalisation?

[Viyoma R]

Globalisation refers to co-ordinated trading and commercial activites by the nations of the World.
When countries liberalize their economy for global commercial participation, what is created is called a GLOBAL VILLAGE.

The concept of Global Village is fast catching up,and this is a sign of Globalisation.

Globalisation has brought the World Closer.
It has enabled better utilization of resouces available.
It has taken the world to a stage of Balanced Global Development Process.
It has resulted in free inter-national flow of resources
Globalisation has enabled FII, FDI to enter the Investment Avenues.

These are a just a few points, there is a lot more that can be added...