Lilly Lutz Blog #11

Today in class we learned about Globalization. We defined globalization, we identified and described  facilitators of globalization and we understood our personal connections to the global process.

 Globalization is the process of interaction and integration among people, companies, and governments worldwide. As a phenomenon, globalization is considered by some as a form of capitalist expansion which entails the connection of local and national economies into a global, unregulated market economy. 

 Facilitators of globalization is beneficial for economic growth and standards of living. 

 Globalization is a process that is difficult to define sometimes and it can be hard to understand. We can think about things that we use the most and identify the places, and also the people, around the world that we are unknowingly connected to. When we figure out where things are from, we will be surprised when we figure out we are connected to more things then we thought.

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