Globalization
Definition
The increasing interconnectedness of the world's economies, cultures, and populations through trade, technology, migration, and the spread of ideas. While globalization has driven economic growth and cultural exchange, it has also raised concerns about inequality, cultural homogenization, and environmental impact.
Examples
- McDonald's and Starbucks operating in over 100 countries worldwide
- Social media connecting protesters across different countries during the Arab Spring
- Manufacturing supply chains spanning multiple continents for a single product
Study This Concept
Practice globalization with free review games in these units: