Through improved means of communication, travel and an increase in the flow and exchange of ideas, goods and capital, interconnecting all parts that comprise the whole of life on Earth and the identification with underlying fundamental commonalities, notwithstanding obvious diversity in culture, behaviour and lifestyles.
While globalisation is not an exclusively economic phenomenon, it is generally understood as the increasing interconnection and interdependence of economic activity throughout the world, largely driven by the technological, communications and information revolutions and by the increased mobility of capital.