Globalization is the process by which the world is becoming increasingly interconnected and interdependent through the exchange of goods, services, ideas, and people.

While economic, political, and cultural dimensions are commonly associated with globalization, environmental dimension is not typically considered a core aspect.

Globalization has led to increased trade and investment flows between countries, resulting in greater economic interconnectedness.

Migration is the general term used to describe the movement of people from one country to another, while immigration and emigration refer to the movement of people into and out of a specific country, respectively.

Globalization has facilitated cultural exchange and interaction between different parts of the world, leading to the spread of ideas, values, and practices.

Glocalization refers to the process by which local cultures adapt to global influences, resulting in a blend of local and global elements.

Globalization has often been associated with increased social inequality, as it can lead to the concentration of wealth and resources in the hands of a few.

Global governance refers to the process by which global issues are addressed through collective action and cooperation among countries and international organizations.

Globalization has both positive and negative impacts on environmental sustainability, as it can facilitate the spread of environmentally friendly technologies while also contributing to increased consumption and pollution.

Global civil society refers to the network of individuals and non-governmental organizations that work together to address global issues and promote social change.

Globalization has both strengthened and weakened the role of nation-states, as it has increased their interdependence while also challenging their sovereignty.

Norm diffusion refers to the process by which global norms and values are adopted by different societies through various mechanisms such as trade, travel, and media.

Globalization has both promoted and hindered the spread of democracy, as it can facilitate the exchange of democratic ideas and practices while also creating conditions that may undermine democratic institutions.

Global risk management refers to the process by which global risks and challenges are addressed through collective action and cooperation among countries and international organizations.

Globalization has both increased and reduced job opportunities, as it can create new markets and industries while also leading to job displacement in certain sectors.