Globalization can be characterized as a term which describes
how trade and technology made our planet more connected and
independent. Globalization covers many areas e.g. economy,
culture, politics and has a great influence on them. Over the past
decades, the pace of globalization has led to strong results in
areas such as technology, communication, science, transport and
industry.
Some people find the globalization process useful, because it
positively affects the development of the world economy. Others
are skeptical about this process, they think that globalization
leads to inequality, unemployment and lower living standarts.
Therefore globalization can lead to the unification of many
cultures and peoples, but can also lead to ethnic conflict.
