ELI5: Explain Like I'm 5

Global regionalization

Global regionalization is when the world is divided into different parts or regions. This can be done based on things like geography (like what continent a place is in), population size, or economics. Regionalization helps people to better understand how different parts of the world are connected or related, which can help when making decisions about things like trade and travel. For example, a region might have certain rules or regulations that need to be followed when conducting trade between countries in that region. Global regionalization can help us better understand the world around us.