![]() ![]() Let us look, for example, at the North American Free Trade Agreement (NAFTA). ![]() ![]() Other globalization efforts, however, are more complex. Sometimes the efforts have obvious benefits, even for those who worry about cultural colonialism, such as campaigns to bring clean-water technology to rural areas that do not have access to safe drinking water. But usually there is a snowball effect, and globalization becomes a mixed bag of economic, philanthropic, entrepreneurial, and cultural efforts. Often, the process begins with a single motive, such as market expansion (on the part of a corporation) or increased access to healthcare (on the part of a nonprofit organization). Globalization refers to the process of integrating governments, cultures, and financial markets through international trade into a single world market. (Photo courtesy of Wikimedia Commons) What Is Globalization? Instant communications have allowed many international corporations to move parts of their businesses to countries such as India, where their costs are lowest. ![]()
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