What is Globalization?

According to Hamblet (2018), globalization can be defined as "intercontinental integration of regional economies, cultures, and political and financial systems, driven by the transnational exchange and circulation of labor, ideas, technologies, products, services, languages, and popular culture" (para. 1). Expanding our understanding, experience and critical thinking skills in global issues is vital in our highly connected world. Understanding how global markets function and how culture, politics and economies work together or against each other in some cases helps to paint a picture of the world we live in today. View the seven minute video WE THE ECONOMY: Globalization This link opens in a new window below from 2014 which expands on what globalization is and why it is important.

References

Hamblet, W. C. (2018). Globalization. In Salem Press Encyclopedia, Retrieved from https://www.salempress.com/.