Final answer:
The development of new technology, changes in consumer demand, and the discovery of new resources drive globalization, which is the increasing interconnectedness of economies and societies worldwide due to trade, technology, and the sharing of culture.
Step-by-step explanation:
The causes you have listed: the development of new technology, changes in consumer demand, and the discovery of new resources, are all drivers of globalization. Globalization refers to the interconnectedness of societies and economies throughout the world as a result of trade, technology, and the adoption and sharing of various aspects of culture. The dramatic increase in global processes of production and consumption since the 1970s has been facilitated by improvements in technology, especially in the fields of communication and transportation, which have enabled products, services, and labor to move across borders more freely.
Moreover, technological globalization is accelerated by the diffusion of technology, easing the spread of innovations and ideas. This has contributed to greater competition, lowered prices, and the enhancement of economic activities in various spheres. Additionally, the discovery of new resources can also trigger growth in trade and the global economy as they may attract investment and development in previously untouched markets, further integrating them into the global economy.
The impacts of globalization entail both positive aspects, like economic growth and poverty reduction, and challenges such as job displacement and concerns over cultural erosion. Yet, it has undeniably led to a trend where buying and selling in markets have increasingly crossed national borders, forming a goods and services market that is global in scope. The rise of globalization illustrates the way in which national economies have become more integrated, creating a more global economic playing field with fewer trade restrictions, though this sometimes leads to conflicting views on the consequences of such a shift.