Indications of the definitions of globalization

• Forr reference regarding the indication of globalization...

  In 2022, the total value of global trade reached a record $32 trillion. THis included approximately:

  -$25 trillion in trade in Goods

  -$7 trillion in trade in services.

  The significant increase was driven by strong growth in both sectors, with:

  -goods trade growing by 10%

  -and services trade increasing by 15% compared to the previous year(UNCTAD).
• Globalization in your everyday life examples:(W S P U H L G)

  W S P U H L G

  
• Characteristics of globalization (C B F C M I)

  • Connectivity
  • Borderless Globe
  • Free Trade
  • Cultural Diversity
  • Mobility
  • Information Technology changes