Globalization is a multifaceted phenomenon that involves the increasing interconnectedness and interdependence of countries through the exchange of goods, services, information, and ideas. It is characterized by the removal of barriers to international trade and investment, facilitated by advancements in technology and communication. Globalization has led to the integration of economies, cultures, and societies on a global scale, shaping a world where events in one part of the globe can have far-reaching effects elsewhere. While it has contributed to economic growth and cultural exchange, globalization also raises challenges related to inequality, cultural homogenization, and the need for effective global governance.
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