Key features of globalization

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1. Easier Movement of Goods and Services: Globalization has enabled easier movement of goods and services around the world, creating a global marketplace for businesses in which to trade. This has been facilitated with the advent of new technology such as the Internet, which has allowed for faster, cheaper, and easier ways to connect across borders. 2. Increased Integration and Interdependence: Globalization has increased the level of integration between different countries, leading to improved opportunities for trade, investment, and financial flows. Cross-border cooperation in areas such as the environment has also been made easier, furthering interdependence and mutual benefit. 3. Improved Movement of People: Globalization has enabled greater movement of people across the globe, allowing people to pursue better opportunities in foreign countries and to build relationships with people of different cultures. 4. Greater Access to Information: The Internet has made it easier for individuals to access information that is available world-wide. This has improved the flow of ideas and knowledge between different countries, making the world more interconnected. 5. Promotes Growth and Development: Globalization has facilitated economic growth and development in many parts of the world. Countries have become more interconnected, allowing for more efficient production and level of competition, creating more job opportunities and benefiting consumers with a greater variety of goods and services.

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