Globalization makes it easier for businesses. Knowledge based businesses often complain that graduates lack the capacity to learn new skills and assimilate new knowledge. Globalization meets the knowledge, education and learning challenges and opportunities of the Information Age. Using advanced information and communications technologies, a new system of knowledge, education and learning should apply a wide range of synchronous and asynchronous activities that aid teacher and student in breaking boundaries of space and time. Globalization breaks the boundaries of space and time. Working in teams requires students to develop skills in-group dynamics, compromise, debate, persuasion, organization, and leadership and management skills. To be able to work closely in teams is the need for employees. It encourages students to work in teams. The emerging economy is based on knowledge as a key factor of production and the industries demand the employees remain highly trained in science and technology. Globalization produces an increased quantity of scientifically and technically trained persons. Globalization enhances the ability of learners to access, assess, adopt, and apply knowledge, to think independently to exercise appropriate judgment and to collaborate with others to make sense of new situations. Globalization enhances the student’s ability to acquire and utilize knowledge. Highly productive employment in today’s economy will require the learner to constantly manipulate symbols, such as political, legal and business terms, and digital money. It enhances the student’s ability to manipulate symbols. The interdisciplinary research approaches are seen as critical to achieving a more comprehensive understanding the complex reality currently facing the world system. Globalization uses a holistic approach to the problems. Information society and global economy requires a holistic understanding of systems thinking, including the world system and business eco-system. With globalization some of the challenges for knowledge, education and learning will provide today’s learners the ability to be more familiar and comfortable with abstract concepts and uncertain situations. Globalization and education then come to affect one another through mutual goals of preparing young people for successful futures during which their nations will grow increasingly connected. As education serves as foundational to global stability, the development of multicultural awareness from an early age may integrate ideologies sourced from various societies in order to arrive at well-balanced conclusions regarding issues that surround the world as a whole. These educational initiatives prioritize global access to school from the primary to the university levels, instigating learning experiences that prepare students for multinational leadership roles. Global education interconnects methods of teaching from worldwide systems to encourage the international development of environmental sustainability, as well as contribution toward fortifying global industries. But it also made the world economy increasingly competitive and more knowledge based, especially in the developed western countries But it has especially transformed the world economy which has become increasingly inter-connected and inter-dependent. Globalization has radically transformed the world in every aspect. Listed below are some points that highlight the positive and negative impacts globalization in education has led to. Having said so, it is obvious that the impact of globalization has been both positive and negative in the sector of education. Scholte is Professorial Research Fellow in the Centre for the Study of Globalization and Regionalization. For others, however, the word has conjured up deprivation, disaster and doom.’ In describing both views, Jan Aart Scholte states that ‘ Some people have associated “globalization” with progress, prosperity and peace. It is clear that this group see various advantages of globalization. They look at it as a novel source for optimism in the world. On the other hand, another group of people regard globalization as a fruitful phenomenon, making the world more connected and informed than ever before. To them, globalization has brought undesirable consequences to society, affecting its peace. Some people believe globalization is a dangerous phenomenon which has changed the world in negative ways. There has been a hot debate about globalization. It is a widely defined word with several connotations to many different people.
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