and the applications it presents
The themes of globalization
It's a process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications.
Kinder Eggs help stimulate the economy in Europe because they are a popular treat in places like France and Italy.
A problem with Economic Globalization is that if Italy's economy is in the toilet, that could cause prices to fluctuate and might change the value of the euro. The solution to this problem is Europe's countries working together and helping each other out. Such as giving each other economic stimulants.
Globalization allows people from the other side of the world to share their culture and goods.
I can share the culture of Italy through the food they eat with Kinder Eggs, when my family goes to places like England and France.
The problem with cultural globalization is that our American culture is starting to assimilate others. If we overflow Italy with "Americanization" then they might not make their own interesting things. A solution could be not trying to force American ideals upon every single country we meet.
Globalization allows new inventions to be shared across the globe, regardless of their origin
Kinder Eggs don't really have much to do with technology, but I suppose the factories they're made in have evolved over the years.
The problem with technology is the pollution it's causing. If your shipping a large quantity of product over a long distance you'll be using trains, boats, planes, and trucks. This is an excellent article detailing shipping issues http://www.eea.europa.eu/highlights/international-shipping-should-cut-air
The solution to our problem is to keep using these systems so that we can study there effects and find out ways to using green technology.