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What is worldwide inter connectedness. What are its components?

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This is an era of mutual cooperation. People and countries are mutually connected. People who live in different parts of the world feel that they are not citizens of just their country alone, but they are citizens of the world. This is globalization. In simple words, mutual dependence means the ow of capital, goods and people from one country to another without a lot of restrictions. The factors of worldwide connectedness are ideas, capital, goods and people.

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