Globalization is defined as "process of interaction and integration, driven by international trade and investment, and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world."

Please break down the definition and further explain each of the three parts of the definition with personal examples from your own lives, as well as current events and news.

(a) process of interaction and integration: (forexample, my ability to move and become an American citizen)

(b) process driven by international trade and investment and aided by information technology"; (for example, my ability to start an import/export business)

(c) process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world." (for example, my ability to study, work, and do business abroad)