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Meaning of Globalisation

Globalisation is the free movement of goods, services and people across the world in a seamless and integrated manner.

It emerged since the last 50 years or so. As early as 3000 BCE, an active coastal trade linked the Indus Valley Civilisation with the present-day West Asia. From ancient times, travelers, traders, priests and pilgrims travelled far distances in search of knowledge, opportunity and spiritual fulfillment, or to escape persecution. They carried goods, money, values, skills, ideas, inventions, and even germs and diseases.

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