The idea of globalization is not new to us. This concept has been practicing since ancient times where some of the traders would travel other places to buy goods and services that were valuable and rare to sell and try in their area. In 19th century, the advancement of technology and communication brought by Industrial Revolution has been a great contribution since it improve the trade across boarders. In the present century, “Globalization” is the word we used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Now, as time passed there are lot of views rise about globalization. The definition of globalization in the literature shown that the term “globalization” can be characterized in two ways, (a) Broad and Inclusive d...
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