Globalization is certainly one of the biggest and most important phenomena we can study throughout history. It's still happening and we can always find new (<u>both positive and negative</u>) implications and consequences.
Some of the most important results to me would be:
-An increased product reach to locations that may not have the resources to produce certain things on their own before.
-A more diverse and farther-reaching spread of cultures, which introduce new ideas and ways of thinking to areas of research that may have been inactive before.
-A harsher impact on the world's resources, due to larger markets using more and creating more scarcity.
-The appearence of "resource nations", in which more supplies leave than what gets in, creating a hard to break cycle of usage in which some countries rise at the expense of others.
-Last but not least: a massive increase in the amount of waste at large.
Hope this helps out!