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Globalization

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Globalization, or globalisation is the ever increasing interdependence, integration and interaction among people, small businesses and corporations in various locations around the world. It is usually used as an umbrella term which refers to a complex format of macro to micro economic, trade, social, technological, cultural and political interrelationships.

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This term or phrase is currently an entry in The SmallBusiness.com Business Glossary WIKI. Please help expand this entry into a more detailed description.