Question

What is globalization? Explain with 3 or 4 sentences.
GPT 3.5
Globalization refers to the increasing interconnectedness and interdependence of countries and their economies through the exchange of goods, services, information, and ideas. It involves the removal or reduction of barriers to trade, communication, and mobility, leading to an integration of markets and cultures worldwide. This phenomenon is fueled by advancements in technology, communication, and transportation, allowing for the rapid flow of capital, labor, and information across borders.