Final answer:
Global integration processes involve the development of interconnectedness among nations through trade, migration, capital movement, and knowledge sharing, facilitated by improved technology and policy agreements, and are critical for dealing with global issues collectively.
Step-by-step explanation:
Participation in global integration processes (including the global economy) is characterized by increased cooperation and interdependence among nations through international trade, migration, capital movements, and the dissemination of knowledge. The process of globalization refers to integrating governments, cultures, and financial markets into a single world market, which is facilitated by advances in transportation, technology, and telecommunications infrastructure such as the Internet. This integration has led to the development of global commodity chains where workers and corporations are connected for the purpose of manufacture and marketing. Economic integration can take various forms, from free trade agreements to full economic unions, and involves multidimensional aspects, including political, cultural, and economic factors. Furthermore, major global issues, such as climate change and financial crises, require multinational cooperation for effective solutions, as demonstrated by the World Economic Forum.