Globalization is defined as the increasing integration and interaction between people, companies, and governments around the world through international trade and information technology. It describes the current interconnected state of humanity where we are all physically like cells in the same body and cannot escape this state. To thrive in a globalized system, individuals must learn to care about and work for the benefit of the whole society as its well-being impacts each person's life. While globalization increases access to technology, goods, and resources, it can also negatively impact local economies and destroy cultural identities as cultures interchange aspects like music and clothing.

1. Globalization
Evan Papageorgiou
John Gioulos

2. Definition
Globalization is a process of interaction and integration among the people,
companies, and governments of different nations, a process driven
by international trade and investment and aided by information
technology.

3. What is globalization?
Globalization is only a description, describing the state humanity is in right now. It is not simply an
economical term, it affects our whole life.
It means that we are all interconnected, and physically we are like individual cells of the same body.
It is a state we arrived through our evolution, and it is a state we cannot escape.
So we need to understand we all depend on each other, if we behave like cancer cells in the body we
destroy the whole body or system.
So we need to learn the laws governing such a closed integral system and apply them to our lives, to the
connections in between us.
We need to adjust our attitudes, and start caring and working for the benefit of the whole, for the well
being of the whole society.
In such global systems the individual can only have a good life, if the whole system is healthy and
functioning well.

4. Advantages of globalization
Globalization has many things to offer :
 People get to know each other’s cultures and habits.
 Increased free trade and communication between nations, along with increased access
to technology, media, education, healthcare, consumer goods, and other resources are
often considered advantages of globalization.
 Globalization can improve the economy of a country.

5. Disadvantages of globalization
Of course, Globalization has disadvantages as well :
 It can destroy the cultural identity of a country through the interchange of different cultural
issues like affecting their clothing or music preferences.
 Globalization can ruin local economies. There is a movement that wants to buy local - especially
organic foods.
 Globalization can be driven by people with "know how" and power and they can systematically
fleece the world.

6. In general…
To sum up, Globalization can be something good for a country
(improvement in economics, incoming products),
but it can also make a country lose their identity, which is a
very important thing for a state to survive in time.