As cultures advanced, they were able to travel farther afield to trade their own goods for desirable products found elsewhere. Since the start of civilization, people have traded goods with their neighbors. A Historical View Globalization is not new. In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers.
Globalization is most often used in an economic context, but it also affects and is affected by politics and culture. In economics, globalization can be defined as the process in which businesses, organizations, and countries begin operating on an international scale. Put simply, globalization is the connection of different parts of the world.
