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Globalization is the increasing integration and interdependence of domestic and overseas markets. The good side of it includes economic growth, access to goods and services, and cultural exchange. An example would from the article is, Sony Corporation (NYSE:SNE), for instance, can sell its TV and game consoles with the same ease in New York as in Tokyo. Likewise, Intel (NASDAQ:INTC), Apple (NASDAQ:AAPL), and Cisco (NASDAQ:CSCO) can sell their high tech gear with the same ease in Tokyo as in New York (Mourdoukoutas, 2021). The bad side of it is that includes income inequality, loss of jobs, and an environmental impact. An example would be auto companies outsourcing labor and closing plants in the United States. The US automotive industry faces competition from foreign markets like Japan. The ugly side of it includes financial crises, loss of cultural identity, and exploitation of labor. A somewhat recent example includes the 2008 financial crisis.