YUE ZIYI（What is globalization?）

 Globalization refers to the process of increasing interconnection and dependence between countries, regions and cultures, which includes interactions in multiple aspects such as economy, politics, technology and culture.

1. Economic globalization

trade barriers between countries are reduced, and the flow of goods and services is freer.

capital can flow freely around the world, and many companies operate globally, establishing supply chains and production bases, which can reduce costs and improve efficiency.

2. Political globalization

Cooperation between countries is increasing, and global issues are being resolved through international organizations. As global issues increase, countries are gradually reaching a consensus on governance mechanisms and promoting the establishment of a more effective global governance system.

3. Cultural globalization

The transnational spread of cultural elements such as movies, music, and food has promoted understanding and integration between different cultures. Although globalization promotes cultural exchanges, it may also lead to cultural homogenization, and traditional culture is at risk of disappearing.

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