Globalization is an international experience where there is lot intensification in the interconnectedness of the economies of the countries around the globe. The symbols of globalization can be seen from the popular increase in dimensions of international trade, the ever-increasing number of trade agreements between various countries, the budding mutual dependence between the financial markets and a more global labor force. Apart from just the economic factors, globalization also has a great impact on socio cultural characteristics. Globalization has helped a lot to trim down poverty in a large number of developing countries but it must be strapped up better to aid the poorest countries of the world, most marginalized countries perk up the lives of their citizens and inhabitants to make their lives much better than it previously was.
Globalization is rightly defined as the escalating incorporation of economies around the planet, largely through business and monetary flows. The term from time to time also refers to the society of people (labor) and information (technology) across intercontinental limitations. The term globalization has come into ordinary treatment since the eighties, reflecting technical progresses that have made it easier and quicker to end global connections.
Business and cultures vary from country to country and Directory Journal has come up with the classification of different regions with information-rich resources on each of them.