“Growing economic interdependence of countries worldwide through increasing volume and variety of cross border transactions in goods and services, freer international capital flows and more widespread diffusion of technology” Interdependence
Something that happens in one country will quickly influence happenings in another country.
How does Globalisation happen?
Is it a new thing?
Great Britain ran a series of networks around the world, The East India Company being the first truly global business
Raw materials from colonies
Rapid communication via telegraph wires underwater