Abstract. Globalization is a major force shaping today's world. It refers to the increasing interconnectedness and mutual reliance of nations across economic, technological, cultural, and political dimensions. This article clarifies what globalization means and examines its key characteristics that impact international relations and development. The analysis emphasizes that globalization fosters enhanced economic collaboration, accelerated technological exchange, and broader cultural interactions. However, it also introduces challenges like inequality and the erosion of cultural identity. Grasping these essential features is crucial for evaluating the effects of globalization on societies and the global economy in the present.