It is the defining feature of our time. Bringing distant markets and people across the world together is a huge change that affects everyone, whether they are peasants in India, students in London, or bankers in New York. - Mike Moore, director-general of the WTO What movement is being described in the above passage?

Question

Business

Kyler

12 June, 01:40

It is the defining feature of our time. Bringing distant markets and people across the world together is a huge change that affects everyone, whether they are peasants in India, students in London, or bankers in New York. - Mike Moore, director-general of the WTO What movement is being described in the above passage?

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Answers (1)

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Elsie Berger · Answer 1

Globalization

Explanation:

Globalization originally referred to how multinationals started operating in different countries, but now it includes everyone. Globalization has changed the way the people around the world interact with each other, mainly due to the internet. Countries also interact differently with one another now, the world's economy is turning into one big global economy because trade is now much easier.