The framework was built with scalability in mind. For smaller projects, having a single file with all the translation might work, but for larger projects this approach quickly breaks down. i18next gives you the option to separate translations into multiple files and to load them on demand.
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A localized app is one that can be localized to other markets, languages, or regions without uncovering any functional defects in the app. The most essential property of a localizable app is that its executable code has been cleanly separated from its localizable resources.