Globalization is the term given to the worldwide system of interconnectedness that the global economy has come to depend on. In other words, every community in the world is in some way connected to and dependant on, most other communities in the world. Globalization has also come to mean a system of free trade agreements between certain countries that allow foreign industry to compete with each other in an unrestricted manner.
Those who see free trade and globalization as a good thing say the benefits may be subtle but they are far-reaching. Products are better, cheaper, more advanced and…