This document discusses the key components and characteristics of globalization. It identifies six major components that drive globalization: 1) technology, 2) information, 3) culture, 4) environment and health, 5) crime and terrorism, and 6) population changes. Globalization is accelerated by advances in communication technologies and transportation infrastructure that allow for near-instant dissemination of information, cultural spread, and global threats like disease and environmental issues. However, globalization is also criticized for potentially threatening local cultures and being equated primarily with Westernization. No single entity manages or regulates the globalization process between countries.