Give examples of the impact of economic globalization on the daily life of people around the world.

Give examples of the impact of economic globalization on the daily life of people around the world. Who do you think is winning and who is losing as a result of globalization? Give examples of the impact of economic globalization on the social situation in different countries of the world. What social problems are being solved as a result of economic globalization, which, on the contrary, are exacerbated?

Globalization refers to the complex of cross-border interactions between countries, businesses, markets and people. Globalization is a gradual erosion of borders and barriers in favor of creating a single system. As a result of the exchange of technologies and products, knowledge and cultural values, the international society becomes more interconnected. The main driving force is certainly the economy. Today, no state can live in a closed system: it depends on trade with neighbors, the movement of capital, the inflow of foreign investment, and so on. In the social sphere: exchange studies that develop international relations, popularization of tourism.
In the economy, globalization is expressed in international economic relations. For example: 1) trade in resources, currency on the world exchange. 2) international economic contracts (development of oil wells on the Arctic shelf) 3) a striking example of economic globalization is the economic system of Europe.