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Submitted by Retire Source Wealth Management on April 20th, 2026Globalization is the process of businesses and governments operating on an international scale. The process of globalization greatly accelerated following WWII with the sprouting of new multi-national institutions such as NATO, the United Nations, and the World Bank. International trade also accelerated post WWII, shifting from an average annual growth rate of about 1.5% to 6.5%.
