1. Globalization is about liberalization and global integration of markets.

2. Globalization is inevitable and irreversible.

3. Nobody is in-charge of globalization.
4. Globalization benefits anyone.
5. Globalization furthers the spread of democracy in the world.
o a challenge to nation-states
o increase in free-trade, and
business speed
o global economic organization
o regional trade blocks
o worldwide village
o borderless world
Globalization refers to the expansion and intensification of
social relations and consciousness across world-time and
world-place. It has four attributes of globalization:

1. Globalizations has various forms of connectivity

such that it can be economic, political, or
cultural.
2. Globalization allows for the expansion and
stretching of social relations.
3. Globalization intensifies and accelerates social
exchanges and activities.
4. Globalization occurs worldwide.