What are the main drivers of globalization?

Globalization Questions



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What are the main drivers of globalization?

The main drivers of globalization are advancements in technology, particularly in communication and transportation, which have made it easier for people, goods, and information to move across borders. Additionally, liberalization of trade and investment policies, as well as the growth of multinational corporations, have played a significant role in driving globalization. Lastly, the increasing interconnectedness and interdependence of economies and societies, facilitated by global institutions and agreements, have also contributed to the process of globalization.