Globalization is the process constructing a common, worldwide economy and set of unifying political, economical, and legal principles by destroying barriers1 that have made each country different. Ideally, globalization does not negatively affect a nation's culture and traditions. However, the costs of political and economic reorganization on local economies, human welfare, and environment are the focuses of a debate among international organizations and governments. Openness to trade and investment promotes development and higher incomes, which …showed first 75 words of 1642 total…

…showed last 75 words of 1642 total…Over People." The Economist. 18 August 2002. 2. "A Quick Guide to the World History of Globalization." International Studies Association. 2000. www.sas.upenn.edu/~dludden/global1.html\ 3. Dobbs, Lou. Exporting America: Why Corporate Greed is Shipping American Jobs Overseas. Warner Books. 2004, p 41-42 4. Dobbs, Lou. Exporting America: Why Corporate Greed is Shipping American Jobs Overseas. Warner Books. 2004, p.50 5. "A Quick Guide to the World History of Globalization." International Studies Association. 2000. www.sas.upenn.edu/~dludden/global1.html\tr3.\