Globalization and Development

Globalization is the process of increased interconnectedness among countries through trade, technology, culture, and communication. It allows goods, ideas, and people to move more easily across borders. Development refers to improvements in a country’s economy, education, healthcare, and living standards. Together, globalization can accelerate development by providing access to larger markets, advanced technology, and new ideas. However, it can also create challenges such as economic disparities and cultural shifts. Overall, globalization influences how countries grow and change, shaping opportunities and risks in the pursuit of progress.