GLOBALIZATION
GLOBALIZATION
Flordeliza Gerardo
BSA-12 July 12, 2018
1. What is Globalization?
Globalization is a process of interaction and integration among the people,
companies, and governments of different nations, a process driven by international
trade and investment and aided by information technology. This process has effects on
the environment, culture, political systems, economic development and human physical well-
being in societies around the world.
On my own understanding of what globalization is, it is the way of how countries and
societies all over the world are interconnected with each other with the great help of
technology, different countries are helping each other in terms of trading of products and
services. It is also the development which is systematically reorganizing interactive stage
among the countries by breaking down barriers in some areas like culture, communication
and etc. The removal or breaking down of barriers are helpful to encourage the flow of
goods, services, capital, and labor.