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Globalization refers to the integration and interaction of countries through activities such as trade, investment, culture, technology, and information.

It is characterized by the closer connection between national economies, where events and decisions in one country can impact the entire world

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Global economy: International trade, multinational economic agreements, and global supply chains play important roles. Multinational corporations and international financial institutions have significant influence in shaping the global economy.

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Technology: The development of the Internet, media, and information technology has made communication and information exchange between countries easier and faster.

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Culture: The blending of different cultures, the spread of music styles, fashion, cinema, cuisine, and ideas from one country to others.

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Politics: International organizations such as the United Nations, WTO (World Trade Organization), and IMF (International Monetary Fund) play a role in coordinating and managing global issues.

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Migration and labor: People move between countries, creating flows of labor, culture, and finance.

Environment: Global environmental issues such as climate change, pollution, and natural resource depletion require cooperation among all nations to address.

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Positive:

Economic growth

Technology diffusion

Cultural diversity

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Negative:

Economic inequality

Loss of cultural identity

Financial crises

Environmental pollution:

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Globalization offers many opportunities but also poses significant challenges. International cooperation and policy adjustments are necessary to mitigate the negative impacts and maximize the benefits of globalization