Globalization

Globalization is the international economic transactions and increased after world war 2.  The Bretton Woods system promoted relatively free trade, stable currencies linked to the U.S. dollar, high levels of capital investment. It also established the world bank and international monetary fund. There are easier ways to communicate with other people around the world. The use of technology which definitely has helped globalization because you can do pretty much anything on the internet or on a smart phone. From depositing and transferring money to bank accounts to applying to employment and education. Unfortunately, globalization does not have benefits to everyone. In other countries, it has only deepened the poor and wealthy class gap.