What is globalization?

What is globalization?

1. Globalization is a process of relationship and exchange between

   • people
   • companies
   • governments

2. Disadvantages

   • Not everyone can access technology due to lack of resources.
   • More poverty and high inflation
   • Loss of multinational companies
   • Less social coverage

3. Advantages

   • Economic growth
   • Improved communication
   • Export and import
   • Facilitates circulation

4. Improvements

   • Economic
     • A commercial exchange between nations is characterized, consisting of import and export of resources
   • Politically
     • It creates commercial blocks to generate an economic exchange
   • Socio-cultural
     • It generates the acquisition of knowledge of cultures through the media
   • Technological
     • Facilitates communication and interaction through the internet and telecommunications