Define globalization? Discuss new international division of labour.

Globalization is the process by which businesses, technologies, ideas, and cultural practices spread around the world, creating a more interconnected and interdependent global economy. It involves the expansion of international trade, investment, information technology, and cultural exchange. Globalization reduces the barriers between national economies, allowing goods, services, capital, and labor to move freely across borders. This phenomenon has accelerated over the past few decades due to advancements in transportation, communication, and the liberalization of trade policies. In the context of women in the economy, globalization has both expanded opportunities and posed new challenges. It has led to a reorganization of work, shifting production across countries, and creating new avenues for women's participation in global labor markets.

One of the key aspects of globalization is the emergence of a new international division of labor. The traditional international division of labor was based on colonial relationships, where raw materials were extracted in colonies and processed in industrialized nations. In contrast, the new international division of labor is characterized by the global dispersion of production processes. Companies relocate different stages of production to various parts of the world to maximize efficiency and reduce costs. Developing countries have become sites for labor-intensive manufacturing and service ______ ___ _____ __________ _________ ____ ___ __________ __________ _______ ______.
_______ __________ ___ _____ _______ ____ _______ _____ ____ _______.
________ _____ _________ ______ _________ _______ ____.
______ ________ ____ ____ __________.
___ _____ _________ _________ ________ ______ ___ _______.
__________ ______ _____ _____ _____.
_________ _______ __________ ______ ____.
_______ ______ _______ ________ _____ _____ ______ _____ ___.
_____ __________ _____ ____ __________ _____ ________ ____ ________ ____ ______ ____.
___ _______ _______ ______ ________ ________ _________.
______ _____ ___ ____ ________ _______.
_____ _____ ___ __________ _____.
_________ ______ ________ _______ __________ _________ _________ _______.
_____ _______ ____ ___ _______.
______ ________ ____ ______ _________ ____ ________.
___ __________ __________ _____ ______ _____ _______ ________ _________ _____.
________ _______ __________ ____ _____.
_________ __________ ______ __________ ___ _____ ___ __________ ______ ___ __________.
___ _______ _________ ___ __________ ___ ______ __________ ____.
________ _____ ___ __________ _________ ___ __________ ___ _________.
__________ _____ _____ _____ __________ _________ _______ __________ _________ __________.
______ ____ _______ _______ _____ ____ ________ _______ ___ _________.
__________ _________ __________ ___ _____ ____ _________ _______.
____ ___ _______ ___ __________ _______ ____.
______ ________ ______ ____ ____ ________ __________ _________.
______ ___ _____ ___ _____ ________ __________ ____ ______ ______.
__________ ______ ____ ______ _______ ___ _________ ______.
________ ________ ___ __________ ____ ____ _________.
___ _______ ____ ___ ____ __________.
__________ _____ _____ ____ _________ _________ ________ _________.
_________ _______ _____ _____ _______ _______ ____ ____ __________ ____ _______ ______.
____ ___ __________ _________ _________ __________ _________ _____ __________ _____ ___.
___ _______ __________ _________ ___ __________.
______ _________ _______ _____ __________ __________ __________ __________.
____ _____ ______ ___ ________.
_____ _________ __________ ____ _________ _______ ___ ________ _______ ________.
________ ___ __________ ________ _______.
________ _____ __________ ________ _________ ________.
__________ _______ ___ _______ ___.
__________ __________ ____ ________ ______ __________ ___.
__________ ________ ____ __________ __________ ________ __________ __________ ___ ___ ________.
___ _______ __________ ______ ___ ______ ________ __________ __________.
_____ _______ ___ _____ _____ ____ ___ ________.
____ _______ ________ __________ _____ _________ ______ _______ ____ __________ _______ ______.
_________ ______ ___ _____ _________ _______ _______ ____.
_______ ______ _____ ______ __________ __________.
___ ______ _____ __________ ______ __________.
______ ______ ________ ____ _________ ___ ____ ______.
_______ ___ ________ __________ ______ _________ ____ ________ ______ ______.
________ _______ ______ ________ _____ _______ __________ ______.
___ ______ ________ _____ _________ ______ ________.
____ _______ ____ ___ ____.
_______ _________ ________ ________ _______ ______ ______ ______ _______ ________.
____ _____ _____ _______ _____.
____ ______ ______ ______ ________.
_________ ____ _____ _______ _________.
_______ ________ ________ ___ _________ _____.
____ _____ __________ _____ _________ ___.
__________ _______ _____ _______ ___ ___ _________ ________.
____ __________ _________ _________ ________ ______ ___ _______.
___ __________ ____ _______ ______ ___ ____ ________ __________ ________ ____.
______ _________ ________ ___ _________.
__________ _________ ___ ____ ______ ____ ______.
_______ ___ _______ ____ __________ ______ _____.
_____ ____ __________ _______ ________ __________ ______ ______ _____.
___ ______ ______ _________ __________ _________ ____ _____ __________.
___ _______ __________ ____ ______ __________ _____ ___ _________ _______ _____.
________ _________ ___ __________ ___ ____ ________ _________ _______ _________.
___ ___ ____ ________ ____ _____ _________ _____ _____ ________ __________.
________ ____ ___ ______ _________ _____ _____ _________ ______ ______.
____ ________ _____ ____ ___ _________ ____ _______ ____ _____ __________.
______ ____ __________ _____ __________ _______ _____ _________ _________ _____ __________ ______.
______ ______ ________ ______ ____ ________.
________ _______ _______ ________ ______.
_______ ____ ______ ________ _____ ___ ____.
________ _____ _________ ____ _______ _______ _______ ______ ___.
____ __________ ______ ________ _________ _______ ______ _______.
________ ____ _______ _______ ________ ___ _______ ___ __________ ____.
_________ _______ ____ ____ ______ ___ ___ _______.
__________ _________ _______ _______ _____ ___ _____ ____ __________ __________ ___.
____ _______ ______ ___ _________.
________ ____ ___ ____ __________ _________ ____ ___ _____ ____.
__________ __________ ______ _________ _______ __________ ______ ____.
_______ _________ _______ ___ __________ ________ ______ ____ __________ ____ _____.
____ ___ _________ ______ __________.
_____ __________ __________ ______ ________ ______ ___ _____ ____ __________ _____ _________.
___ _______ ___ _______ _____ ____ ________ ______ _________ ___ __________.
________ _______ ____ _______ ____ _______.
___ ____ _____ ___ ________ _______.
_______ _____ _______ ______ ____ _________ ___ ____ _______ _______.
_________ ___ ____ __________ _____ _______ _______ ______ _______.
_______ __________ _________ __________ ______ _____ __________ ____.
______ _________ __________ ________ ___ ________ _____ _______.
____ ___ ________ ___ _______ __________ _______.
_______ _____ _____ _________ ____ _________ _____ ___.
________ _____ ____ ______ _____.
________ _______ _____ _________ ______.
_________ __________ _______ _______ ______ _________ ___.
________ ______ _________ __________ ________ ______ __________ _____ ___ ________.
_______ ____ _______ _____ ________ __________ _________.
______ _____ ____ _______ ____ _____ ____.
Get Full Answer on WhatsApp