What is the affect of worldwide interconnection and urbanization called?

The effect of worldwide interconnection and urbanization is often referred to as "globalization." This phenomenon encompasses the increasing interconnectedness of economies, cultures, and populations, driven by advancements in technology, communication, and trade. Urbanization, a key aspect of globalization, leads to the growth of cities as centers of economic activity and cultural exchange, resulting in significant social, environmental, and economic changes. Together, they shape contemporary societal dynamics and influence global interactions.