A BRIEF STUDY OF GLOBALIZATION: Is Globalization Good for People?

The process of globalization represents the economic side of the political concept of the “New World Order.” It means the integration of production and marketing internationally and the intensification of global trade.  It also means the increased domination of the world economy by big corporations and the diminishing role of the classic nation-state.  Globalization also challenges our traditional beliefs, values and behavior.  In this vein, the author raises a few questions, but lets the reader draw his or her own conclusions.