What is Globalization?- Kim Gaeun

 Summary Globalization means that the boundaries between countries are becoming less important, and areas like the economy, politics, society, and culture are getting more connected. It is mainly driven by developments in transportation and communication, the growth of international trade, and the free flow of capital and information. Because of this, the role of nation-states is weakening, while global competition and cooperation are becoming more important. Interesting Points I find it interesting that globalization is not just about integration but involves many complicated changes. For example, the activities of multinational companies and the new international division of labor reduce the meaning of borders and bring countries closer in terms of culture and systems. At the same time, globalization can create economic growth and cultural exchange, but it can also lead to problems like growing inequality and cultural dependency. This shows the positive and negative sides o...

What is Globalization?- Kim Gaeun

  Summary Globalization means that the boundaries between countries are becoming less important, and areas like the economy, politics, society, and culture are getting more connected. It is mainly driven by developments in transportation and communication, the growth of international trade, and the free flow of capital and information. Because of this, the role of nation-states is weakening, while global competition and cooperation are becoming more important. Interesting Points I find it interesting that globalization is not just about integration but involves many complicated changes. For example, the activities of multinational companies and the new international division of labor reduce the meaning of borders and bring countries closer in terms of culture and systems. At the same time, globalization can create economic growth and cultural exchange, but it can also lead to problems like growing inequality and cultural dependency. This shows the positive and negative sides of ...