Blog1:What is globalization?
Globalization refers to the process of increasingly close economic, cultural, technological, political, and other connections between different parts of the world. With the advancement of globalization, the boundaries between countries are gradually blurred, and resources, information, capital, goods, and people are flowing more freely on a global scale. The driving force of globalization mainly comes from the progress of science and technology, the increase of economic interdependence, and the increased influence of international organizations and multinational enterprises. The main characteristics of globalization 1. Economic globalization: The global flow of capital, goods, and services has made the economies of countries more interdependent. For example, multinational corporations setting up factories in multiple countries around the world to produce and sell products have led to the formation of a global supply chain. 2. Cultural globalization: The exchange and integrat...