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Globalization is a process of interaction and integrating among the people, companies and governments of different nations, a process driven by international trade and Investment aided by Information Technology.

self made

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Pros:
-Free trade
-lowers prices for costumers
-creates jobs
-makes companies more competitive
-speedy travel
-free trade agreements

Cons:
-makes the rich richer and non-rich poorer
-developed countries lose Jobs, that are transferred to lower cost countries
-Large multi-national corporations have the ability to exploit tax havens in other countries to avoid paying taxes
-Technologies could be stolen easier
-spread of daedly diseases

https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/#ae4cb12ccce0

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TECHNICAL REASONS:
In the past, trade relations have been much less intense, so there could be no globalizing development. Because transporting goods was too expensive. For this reason, it was only worth transporting really good products over long distances. The technical revolution in transport has improved the starting conditions for the international exchange of goods to such an extent that it has also been worthwhile to transport simple goods over very long distances.
INFORMATION TECHNICAL REASONS:
The introduction of the World Wide Web has brought all people around the world closer together.
Companies can easily agree to do business with trading partners on the other side of the world via email, chat or videoconferencing. The mobile Internet has also made it possible to further facilitate international communication. Modern data exchange makes it easier not only to deal with international trade in goods, but also to provide Services.

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WORLD POLITICAL REASONS:
Experts point out that the end of the Cold War is a reason for globalization. The world was no longer divided into two different blocks. After the turnaround, trade barriers between East and West were removed, as were restrictions on private travel and cultural exchanges.
WORLDTRADE REASONS:
The abolition of fixed exchange rates, the simplification of customs rules and the lifting of various trade restrictions have significantly encouraged the international exchange of goods and Services.

https://www.globalisierung-fakten.de/globalisierung-informationen/gruende/

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Globalization is, in the long term, a continuous process that cannot be stopped. In a crude model, globalization is comparable to industrialization. Globalisation is a high priority, especially in the economic and political spheres. This makes it all the more important for politicians and corporations to find a forecast for globalisation for the coming years. Economic experts are examining possible future scenarios that could arise in the coming decades.

https://www.globalisierung-fakten.de/globalisierung-informationen/zukunft-der-globalisierung/

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Global terrorism is generally understood as terrorism that does not shy away from national borders and acts internationally. Al-Qaeda is understood to be a prototype of such terrorism. For al-Quaeda, globalization means the seizure of power by Western culture. She wants to take action against it because she believes Western culture oppresses other cultures, especially the Islamic one. The great advantage of global terrorist organizations is the decentralized structures, which means, that the leadership does not sit centrally in one place, but can spread across the world and it becomes more difficult to track it.

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Where globalization means, as it so often does, that the powerful now have new means to further enrich and empower themselves at the cost oif the poorer and weaker, we have a responsibility to protest in the Name of the universial freedom
(Nelson Mandela)

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