What
Is
Globalization
?
Globalization
____________________
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
____________________
effects
on
the
environment
,
on
culture
,
on
political
systems
,
on
economic
development
and
prosperity
,
and
on
human
physical
well
-
being
in
societies
around
the
world
.
Globalization
is
not
new
,
though
.
For
thousands
of
years
,
people
?
and
,
later
,
____________________
?
have
____________________
____________________
from
and
____________________
to
each
other
in
lands
at
great
distances
,
such
as
through
the
famed
Silk
Road
across
Central
Asia
that
connected
China
and
Europe
during
the
Middle
Ages
.
Likewise
,
for
centuries
,
people
and
corporations
have
____________________
in
enterprises
in
other
countries
.
In
fact
,
many
of
the
features
of
the
current
wave
of
globalization
are
similar
to
those
____________________
before
the
outbreak
of
the
First
World
War
in
1914
.
Technology
____________________
____________________
the
other
principal
driver
of
globalization
.
Advances
in
information
technology
,
in
particular
,
have
dramatically
transformed
economic
life
.
Information
technologies
have
____________________
all
sorts
of
individual
economic
actors
?
consumers
,
investors
,
businesses
?
valuable
new
tools
for
____________________
and
____________________
economic
opportunities
,
____________________
faster
and
more
informed
analyses
of
economic
trends
around
the
world
,
easy
transfers
of
assets
,
and
collaboration
with
far
-
flung
partners
.
Globalization
is
deeply
controversial
,
however
.
Proponents
of
globalization
____________________
that
it
____________________
poor
countries
and
their
citizens
____________________
____________________
economically
and
raise
their
standards
of
living
,
while
opponents
of
globalization
claim
that
the
creation
of
an
unfettered
international
free
market
has
____________________
multinational
corporations
in
the
Western
world
at
the
expense
of
local
enterprises
,
local
cultures
,
and
common
people
.
Resistance
to
globalization
____________________
therefore
____________________
shape
both
at
a
popular
and
at
a
governmental
level
as
people
and
governments
try
____________________
____________________
the
flow
of
capital
,
labor
,
goods
,
and
ideas
that
____________________
the
current
wave
of
globalization
.
©
2016
The
Levin
Institute
-
The
State
University
of
New
York
Authorship
,
Copyright
,
and
Citation
Notic
e
