Explain the main features of globalisation. 

Globalization is a term used to describe the interdependence of economies, populations, and cultures. Although the term connotes cross border trade mainly, it can also refer to cross border assimilation of cultures, identities, and philosophies. In the context of commerce and economics, globalization purely refers to a global economy, where a product created in a country can be sold across the world. In such an economy, a customer has access to products made in their country and has access to products made in other countries.

Salient Features of Globalization are  :

• Interconnected Societies

In a highly transparent economy, where all commodities are openly traded, no society exists in a silo. Globalization and ___ ______ _______ __________ ____ ___ __________ ______ _________ ___.
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