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Globalization has become an expression of common usage.

While to some, it represents a brave new world with no barriers, for some others, it spells like destruction. It is, therefore, necessary to have a clear understanding of what globalization means and what it stands for. Broadly speaking, the term globalization means combining of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, finance and people. Cross border integration can have several dimensions cultural, social, political and economic. In fact, some people fear cultural and social integration even more than economic integration. The fear of culture effect on youth fears many. Many countries are investing their money in our country which will increase our economical strength. As per Trade in Goods and Services, we are getting different kinds of devices, machines across the world and we are exporting our goods to other countries, which will increase our trading market and income for our country. Besides, there is also the channel through movement of people. During the Pre-World War I period of 1870 to 1914, there was rapid integration of the economies in terms of trade flows, movement of capital and migration of people. The growth of globalization was mainly led by the technological forces in the fields of transport and communication. Globalization has been facilitated by advancement in technology which has reduced the costs of business, and trade negotiation rounds. World exports rose from 8.5% in 1970, to 16.2% of total gross world product in 2001. Education is undergoing constant changes under the effects of globalization. The effects of globalization on education bring fast developments and changes within learning systems across the world as ideas, values and knowledge, changing the roles of students and teachers, and producing a shift in society from industrialization towards an information-based society. In olden days, teaching was done through black board and chalk but now many of the institutions are using the digital equipments like projectors etc., in the class. Through Globalization of education, which is being knowledge transfer from the Western countries into developing countries, is intended to improve the skills and capabilities of the people receiving it. Our graduates of tomorrow will be trained, above all, to keep the wheels of the global economy turning". But the Western style of education is inadequate as it focuses largely on the creation of money whilst paying no attention to the preserving of cultures. Education is a lifelong learning and training process, developing transferable skills and knowledge that can be applied to competitive markets where knowledge and information is being traded as a commodity.