Blog 1: What is globalization? - Yeonhee Kim
1. Summary Globalization is not simply an economic phenomenon, but a multidimensional process in which cultural, social, political, and economic factors are closely interconnected . It cannot be fully explained only through free trade or the expansion of transnational corporations. The two most important features of globalization are the increase in global connectivity and the increase in global consciousness . Countries, societies, and individuals are becoming more closely connected, while people are also increasingly aware of the world as a single shared space. Global consciousness does not mean that everyone comes to share the same ideas, but rather that people increasingly understand the world within a common global framework. Globalization consists of four major dimensions: cultural, social, political, and economic . These dimensions do not operate independently but constantly interact with one another. In the contemporary world, economic and cultural globalization are particular...