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Perhaps by far the most important far-reaching effect of cultural globalization is the commercialization of culture.
Instead, it looks to further the interests of the larger, more influential countries and corporations which are the impetus behind its spread. The consumeristic nature of globalization is often contrary to traditional indigenous values.
Example: The recent Egyptian Revolution.
Developing countries do not contribute to technology and information building and sharing as compared to developed countries. Globalization has complicated the process of education many times over, but in doing so has created many incredible opportunities for countries to break out of the traditional models of educating and work towards creating knowledge communities.