What Is Globalization?

Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result. It may be pictured as the threads of an immense spider web formed over millennia, with the number and reach of these threads increasing over time. People, money, material goods, ideas, and even disease and devastation have traveled these silken strands and have done so in greater numbers and with greater speed than ever in the present age.

How globalization works:

Globalization is driven by the convergence of political, cultural and economic systems that ultimately promote and often necessitate increased interaction, integration and dependency amongst nations.
The more that disparate regions of the world become intertwined politically, culturally and economically, the more globalized the world becomes.