Globalization is a highly controversial issue that has received considerable attention in recent decades. Globalization has impacted people around the world in personal, social, political and economic areas. The effects of globalization are numerous. Today, people in one country eat in the same restaurants, wear the same clothes, speak the same language, and drive the same cars as people on the other side of the globe. Instantly communicating with people today is easier than ever. The consequences of this rapid globalization are open to interpretation. People, in general, tend to be prejudiced about the net results of globalization. However, world leaders have taken concrete steps to encourage peaceful globalization. These world leaders include Saudi Arabia's King Abdullah's interfaith dialogue, the European Union's granting of visas to more people from the Middle East to visit European countries, and educational programs such as exchange of students between different countries around the world. However, people are still divided on the effects and caution of globalization. There are two sides to the argument around globalization. Both sides have valid logical reasons to justify their beliefs. However, although globalization has both positive and negative aspects, its overall impact on the world is beneficial. Globalization has many positive aspects. The first benefit of globalization is the establishment of market economies. In today's business world, individuals have unlimited options regarding the products and services they can use in any field. The costs of labor, land, capital and raw materials are significantly lower than in pre-globalization times due to the international crisis. However, the media has scared people for no real reason. The evidence does not suggest imminent danger to the environment from globalization. Therefore, environmental dangers are exaggerated. In conclusion, the effects of globalization have both benefits and harms. However, the net effect is positive. The development of more advanced markets and the expansion of the range of choices available to consumers constitute undeniable advantages for globalization. On the other hand, citizens' fears about the loss of values ​​they hold dear and damage to the environment are two understandable problems that can – and should – be addressed. However, they do not justify rejecting globalization and eliminating all the massive benefits that come with it. The overall result of globalization is therefore the collective progress of humanity..