why is globalization important 
globalization is important as it increases the size of the global market and allows more and different goods to be produced and sold for cheaper prices it is also important because it is one of the most powerful forces affecting the modern world so much so that it can be difficult to make sense of the world without understanding globalization for example many of the largest and most successful corporations in the world are in effect truly multinational organizations with offices and supply chains stretched right across the world these companies would not be able to exist if not for the complex network of trade routes international legal agreements and telecommunications infrastructure that were made possible through globalization important political developments such as the ongoing trade conflict between the u s and china are also directly related to globalization 