Globalization has been driven by advances in technology. © © Stnazkul/Dreamstime.com

With the advent of globalization, a nation’s economy became more connected with and dependent on those in other countries around the world. For example, when several Asian countries …

Britannica’s new platform provides content designed and written specifically for early learners. Creating a more engaging and fun learning experience for students, the activities in Britannica …

This change in labor force structure is part of the inevitable globalization of markets. It is a rational economic development, because labor forces are subject to supply and demand.

European exploration ushered in globalization—the development of economic and cultural links throughout the world. Europeans conquered and colonized distant lands, establishing vast …

The World Trade Organization (WTO) is an international organization that helps nations trade their goods and services with one another. There are currently more than 150…

Trade is the buying and selling of goods and services. Goods are objects that people grow or make—for example, food, clothes, and computers. Services are things that people do—for …

In the late 1990s the WTO was increasingly associated with the problems of globalization and unrestricted free trade. In December 1999 a WTO meeting in Seattle, Wash., provoked …

The North American Free Trade Agreement (NAFTA) was a controversial trade pact signed in 1992 that gradually eliminated most tariffs and other trade barriers on products and…

The Columbian Exchange is the process by which plants, animals, diseases, people, and ideas have been introduced from Europe, Asia, and Africa to the Americas and vice versa.…