What caused globalisation?
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Globalisation is not a new phenomenon. The world economy has become increasingly interdependent for a long time. However, in recent decades the process of globalisation has accelerated; this is due to a variety of factors, but important ones include improved trade, increased labour and capital mobility and improved technology.
Main reasons that have caused globalisation
- Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling great...
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