What is globalization?

Globalization refers to the process by which countries and societies become more interconnected and interdependent through various means, including culture, trade, technology, and communication. The essence of globalization lies in the increased exchange and interaction among different nations, leading to a blending of cultures, economies, and political systems.

This interconnectedness can be seen in the way goods, services, ideas, and cultural practices cross borders, influencing and reshaping local cultures and economies. It often results in greater economic opportunities, enhanced cultural exchanges, and a broader access to products and innovations worldwide.

The other options mention concepts that are contrary or unrelated to the definition of globalization. For instance, the isolation of nations from global interaction directly opposes the idea of globalization, which thrives on connectivity. Meanwhile, a theoretical concept in economic summits would not encompass the broader societal impacts of globalization as a whole, and promoting individual nation-states' interests often contradicts the collaborative spirit inherent in globalization.