This paper discusses globalization and its effects. It defines globalization as increased cultural and economic exchange between societies globally. Key points discussed include how globalization leads to integrated global markets and opportunities for trade, but can also increase inequality between rich and poor nations. Globalization is enabled by lowering trade barriers and advancing technology. While free flow of ideas and access to new markets are benefits, challenges include growing inequality and some developing nations being left out of the process. Overall, the paper argues that globalization can intensify cultural and economic relations between countries when used properly.