Globalization is affecting the world in the following ways:
Globalization has changed the economy of the world by creating or opening various opportunities for the countries.
Globalization has raised the standard of living and life quality.
Globalization has boosted the technological advancement and development.
Globalization stimulated the spread of information and technology worldwide and it has helped in the growth and development of countries.
Globalization is also affecting the world in negative ways such as some of the negative outcomes of globalization are terrorism, instability of price, insecurity of job.