
Globalization is the process of increasing interdependence of world markets and businesses.
This process has accelerated dramatically in the last two decades as technological advances make it easier for people to travel, communicate and do business internationally. Benefits of telecommunications and the Internet have increased opportunity and increased competition, so the agents of production more efficiently, to offer a variety of products to consumers worldwide.
Globalization is an economic, technological, social and cultural development of national and international markets, with a notable acceleration in recent years causing positive and negative consequences.
Negatives:
· Increase excessive consumerism.
· Concentration of wealth in a few.
· Economic imbalance.
· Terrorism.
Positive:
· Economics and global market
· Increased global wealth.
· Universal access to culture and science.
· Increased scientific and technical development.
· Improved quality of products and programs.
· More effective competitive.