How did globalization is affecting the world? Explain your answer in your own words.

Globalization is the process of transferring goods and services related to business and technical services as well between countries and states.

Globalization is a process of increasing production, employment, technology, business, etc.

Globalization has some benefits and loss as well. The benefit of globalization is for the small scale that people will get the chance to work and employment will be increased. The Loss of Globalization is for a large scale of process that it can reduce productivity because of demand for the quality product across borders.

Its a communication between countries to improve the economical level, technical level, and employment.