Özet:

In today’s constantly changing world it is often times difficult to understand the changes happening around us every second. Some of these changes may be, in the aggregate, for good, while others may have unappreciated and heavy costs. What is Globalization? Globalization is “an elimination of barriers to trade, communication, and cultural exchange. The theory behind globalization is that worldwide openness will promote the inherent wealth of all nations.” (Jones, 2012) All this encompasses global cultures, international economics and other growing social networks such as Facebook, Twitter, and YouTube. Throughout this analysis the pros and cons of globalization will be discussed and also whether or not globalization is in fact as much of a benefit for today’s global economy ─as so many think─ will be determined. First, identification of the various types of globalization is necessary.

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