GLOBALIZATION

Abstract:

Globalization is a multidimensional process that has significantly transformed the economic, political, cultural, and technological landscape of the modern world. It refers to the growing interconnectedness and interdependence of nations, societies, and individuals through increased flows of goods, services, capital, information, and people across borders. While globalization has contributed to economic growth, innovation, and cultural exchange, it has also intensified global inequalities, environmental degradation, and cultural homogenization. This article provides an in-depth analysis of globalization at a C1 academic level, examining its key dimensions, advantages, disadvantages, and implications for both developed and developing countries. The study highlights the need for balanced and responsible globalization to ensure sustainable and inclusive global development.