Progress in communication and transport technologies during the 20th century has enabled us to overcome geographical boundaries and revolutionize our way of living. The world is now linked to such an extent that a local happening cannot take place without impacting on the international community.
Globalization is not just about increasing the worldwide circulation of information and ideas. Economically speaking, it entails transnational investment and international trade, thereby integrating all countries into a single giant world market. In terms of culture, globalization itself is neither positive nor negative: It may be either of them depending on our viewpoint.