LIMENGCHEN “What is globalization”

 Cultural globalization and economic globalization are closely related, and together they promote the interconnectedness and integration of the world. Cultural globalization has accelerated the spread and integration of different cultures through the Internet, media and transnational exchanges, and the interaction of ideas, lifestyles, music, art and fashion on a global scale. At the same time, economic globalization, through the operation of international trade, investment and transnational corporations, has made economies interdependent and global supply chains have been formed, promoting the free flow of goods, services and capital. Economic globalization has not only led to more efficient resource allocation, but also promoted economic growth in all countries. In this context, cultural globalization has deepened the consumer demand for cultural products in other countries, further promoting the commercialization and global circulation of cultural products. These two complement each other, economic interdependence reinforces cultural exchanges, and the global popularity of culture facilitates economic cooperation and market expansion.

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