what do u mean by globalisation?

[milky]

give me some details about globalisation.

[jaske]

A person in X country needs an answer to a question. This person goes on-line and asks. Answers come from Asia, Africa, North America, South America, Antarctica, Europe, and Australia. Questioner is able to solve question due to globalization.

[naaz]

Globalization (or globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones. It can be described as a process of blending or homogenization by which the people of the world are unified into a single society and function together. This process is a combination of economic, technological, sociocultural and political forces.
[1] Globalization is often used to refer to economic globalization, that is, integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.

[2] Tom G. Palmer of the Cato Institute defines "globalization" as "the diminution or elimination of state-enforced restrictions on exchanges across borders and the increasingly integrated and complex global system of production and exchange that has emerged as a result."

[Dye dirt Kong]

You can get the detailed answer from the following article.
http://en.wikipedia.org/wiki/Globalization
For the advanced level, you can dig more from the following website.
http://search.yahoo.com/search?p=Define%20globaliztion

[scaredoftyping]

That's G. W. Bush's policy on providing every child in the world who isn't mexican a globe to study where America is.

[Mogollon Dude]

Global socialism .

[varshabang]

Globalization (or Globalisation) refers to increasing global connectivity and integration in the economic, social, technological, cultural, political, and ecological spheres.


Definition:
Globalization can be defined as the worldwide integration of economic, cultural, political, religious, and social systems.

It should not be narrowly confused with economic globalization, which is only one aspect, however important it is. In that respect, there are several definitions, many of which mention the increasing connectivity of economies and ways of life across the world. While some scholars and observers of globalization stress convergence of patterns of production and consumption and a resulting homogenization of culture, others stress that globalization has the potential to take many diverse forms .[1]

In economics, globalization is the convergence of prices, products, wages, rates of interest and profits towards developed country norms.[2] Globalization of the economy depends on the role of human migration, international trade, movement of capital, and integration of financial markets. The International Monetary Fund notes the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions, free international capital flows, and more rapid and widespread diffusion of technology.


Globalization has various aspects which affect the world in several different ways such as:


Industrial (alias trans nationalization) - emergence of worldwide production markets and broader access to a range of foreign products for consumers and companies
Financial - emergence of worldwide financial markets and better access to external financing for corporate, national and subnational borrowers
Economic - realization of a global common market, based on the freedom of exchange of goods and capital.
Political - political globalization is the creation of a world government which regulates the relationships among nations and guarantees the rights arising from social and economic globalization. [48]
Informational - increase in information flows between geographically remote locations
Cultural - growth of cross-cultural contacts; advent of new categories of consciousness and identities such as Globalism - which embodies cultural diffusion, the desire to consume and enjoy foreign products and ideas, adopt new technology and practices, and participate in a "world culture"
Ecological- the advent of global environmental challenges that can not be solved without international cooperation, such as climate change, cross-boundary water and air pollution, over-fishing of the ocean, and the spread of invasive species. Many factories are built in developing countries where they can pollute freely.
Social - the achievement of free circulation by people of all nations
Transportation - fewer and fewer European cars on European roads each year (the same can also be said about American cars on American roads) and the death of distance through the incorporation of technology to decrease travel time.[clarify]
Greater international cultural exchange
Spreading of multiculturalism, and better individual access to cultural diversity (e.g. through the export of Hollywood and Bollywood movies). However, the imported culture can easily supplant the local culture, causing reduction in diversity through hybridization or even assimilation. The most prominent form of this is Westernization, but Sinicization of cultures has taken place over most of Asia for many centuries.
Greater international travel and tourism
Greater immigration, including illegal immigration
Spread of local consumer products (e.g. food) to other countries (often adapted to their culture)
World-wide fads and pop culture such as Pokémon, Sudoku, Numa Numa, Origami, Idol series, YouTube, Orkut, Facebook, and MySpace.
World-wide sporting events such as FIFA World Cup and the Olympic Games.
Formation or development of a set of universal values
Technical/legal
Development of a global telecommunications infrastructure and greater transborder data flow, using such technologies as the Internet, communication satellites, submarine fiber optic cable, and wireless telephones
Increase in the number of standards applied globally; e.g. copyright laws, patents and world trade agreements.
The push by many advocates for an international criminal court and international justice movements.

[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...

[Chandulal]

Globalisation means virtually acting without national or international or intercontinental boundaries for any economic activities. A product manufactured in USA is sold in India and vice verse and for that matter from any country to any country.

[k k]

globalisation is the way of getting in touch with every new invention and social work done for any rehabilitation program.