Globalization is a broad concept and there is no consensus on the definition of globalization. Several historical facts are mentioned in the article, influencing the tendency of globalization. The impact of globalization on free trader, open international markets, integrated economies is undeniable. Globalization has benefits as well as downsides: on the one hand, globalization allows travellers to exchange ideas, poverty reduction, and the benefits of globalization in developing countries' participation in international markets, on the other hand, globalization causes nature, local populations, potential human rights abuses, and allows developed companies and economically strong countries to profit from developing countries. At the end of the day, what matters is the purpose of globalization.
Field of science