What is globalization

PART I What is globalisation? For the first time in history almost the entire world population lives in a global capitalist system with the free movement of goods and services. The drive for globalisation is economic growth, especially for poorer nations whose economies have often been the most restrictive in the past. There has always been trade between people and between countries. But we have been witnessing a development in which trade in goods has gained a larger and larger significance everywhere. There are advantages related to globalisation – first and foremost related to trade and investments helping wealth and