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The world has slowly been becoming one giant marketplace. Globalization has helped to boost economies as well as increase the ease of travel.
Major Drivers of Globalization
According to Jack Treddenick, there are two major drivers of globalization, technological change and the lowering of national barriers to foreign trade and investment.
An example of technological change would be the internet boom. For as long as anyone can remember women have wanted the latest fashions from Paris. Before globalization, they had to wait months for their gowns to arrive by coach, boat and train. Today, women can merely go online, browse the fashion section of any website, click on what they desire it is shipped to them overnight...
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