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Answer Posted / kr8zzy_not
Globalisation is not an "interaction of any two economies"
or "increase the number of companies in other
country".....phew...wasn't it privatization?....it is
exactly not that!
Globalisation is a PHENOMENON due to whch there is a cross
cultural relationship between different countries
increasing their dependency on each other....in every
aspect.....technologies, transport, war , peace,
economies..,all of them are interdependent on each other.
In case of India.... it has started to experience
globalisation since 2000..... after privatisation was
introduced in 1990s.
Today after having bilateral ties with US and other strong
powers of the world.... every decision made on a global
platform affects India....this is how globalisation has
ocured in India.
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