The main causes of globalization are: technological innovation (especially the internet and containerization), trade liberalization through WTO agreements, the growth of multinational corporations, financial market deregulation, improved transport, and the opening of large economies like China and India.
What Are the Causes of Globalization? Globalization did not happen spontaneously — it was driven by specific technological, political, and economic forces that progressively reduced the cost and difficulty of crossing borders. Understanding these drivers is essential for explaining why globalization accelerated in the late 20th century and what could slow or reverse it. 1. Technological Innovation Technology is perhaps the most powerful driver of globalization. Two technological revolutions stan