Advantages and disadvantages of globalization. Topic: Globalization Words: 1. Trade has been the driving force of the global economy and community interaction since ancient times. With technological progress and the evolution of society, international trade is intensifying. Currently, one can order goods from abroad and the key points to remember. Globalization is the process of cross-border exchange and free movement of resources between different countries around the world. It involves the global integration of technology, ideas, knowledge, capital, human resources and culture. Many companies are globalizing or outsourcing their business operations to reduce operational activities. Political globalization is a type of globalization. This type of globalization focuses on how the leaders of nations have integrated their laws and built alliances for their mutual benefit. Some features of political globalization include: The rise of international bodies like the WMF and the WTO. The rise of free trade. The author notes that globalization has led to an increase in emissions of gases and substances harmful to the environment. This is due to the increased demand for goods and services and the proliferation of industries. Although many people and industry leaders ignore this aspect, the author believes that it is the main cause of globalization. This lesson will discuss globalization, its advantages and disadvantages. Updated: Table of contents. What is globalization? However, globalization has its advantages and disadvantages.