Globalization

Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialisation).

Extends: Globalization, [Theories of history](https://wikipedia.org.ai/Theories of history), [Economic geography](https://wikipedia.org.ai/Economic geography), [Cultural geography](https://wikipedia.org.ai/Cultural geography), [International trade](https://wikipedia.org.ai/International trade)