What is globalization? --------SHAO TIANYI

September 28，2024

The starting point of modern globalization can be traced back to the Age of Navigation in the 15th century, but its accelerated development mainly occurred in the 19th century industrial revolution and the second half of the 20th century information revolution.


Globalization refers to the process of cross-border movement of goods, services, capital, information and people across the globe, as well as the interconnection and integration of economic, cultural and political aspects among countries. It means a tighter world, blurring boundaries between countries and increasing international cooperation and competition.


Key features of globalization include: economic globalization, cultural globalization, technological globalization and political globalization。


Globalization is a complex and continuously evolving phenomenon that presents both opportunities and new challenges that require the international community to find a more balanced development path in the economic, cultural, political and social spheres.

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