Globalization
According to WHO, globalization can be defined as ”the increased interconnectedness and interdependence of peoples and countries. It is generally understood to include two inter-related elements: the opening of international borders to increasingly fast flows of goods, services, finance, people and ideas; and the changes in institutions and policies at national and international levels that facilitate or promote such flows.”
Generally speaking, globalization is the movement and exchange of goods, services, capital, technologies and cultural practices all over the world from a single country to another.

Examples of Globalization
Because of trade developments and financial exchanges, we often think of globalization as an economic and financial phenomenon. Nonetheless, it includes a much wider field than just flowing of goods, services or capital. Some examples of globalization are:
Economic globalization: is the development of trade systems 
Financial globalization: can be linked with the rise of a global financial system with international financial exchanges and monetary exchanges. 
Cultural globalization: refers to the interpenetration of cultures which, as a consequence, means nations adopt principles, beliefs, and customs of other nations. 
Political globalization: the development and growing influence of international organizations.
Sociological globalization: People move all the time, mixing and integrating different societies;
Technological globalization: the phenomenon by which millions of people are interconnected thanks to the power of the digital world.
Geographic globalization: is the new organization and hierarchy of different regions of the world that is constantly changing. 
Ecological globalization: accounts for the idea of considering planet Earth as a single global entity.
Globalization has benefits that cover many different areas. It reciprocally developed economies all over the world and increased cultural exchanges. It also allowed financial exchanges between companies, changing the paradigm of work. Many people are nowadays citizens of the world. The origin of goods became secondary and geographic distance is no longer a barrier for many services to happen. (What is Globalization? Examples, Definition, Benefits and Effects, 2020)

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