Main topic of this paper is the concept of globalization. It is supposed that it have begun with the origins of mankind, intensively developed during the Industrial Revolution, and reached its peak in the second half of the twentieth century. Simply, globalization can be defined as connecting the world in a single unit or as an economic, political and cultural cohesion. In addition to the very concept of globalization and its characteristics, this paper also speaks about appearance, problems and delusions, as well as the advantages and disadvantages that globalization brings. There are numerous aspects of globalization affecting all areas of a modern man life: economic, political, legal and cultural aspects, which all are explained along with their influence. Since globalization is characterized by the development of multinational companies, by relocation of industry from the rich to the less developed countries, with the increase in global trade and competition and increasing employment in the third sector, it is clear that it also encourages the changes. In the end, survey results on "Globalization and its impact on the Republic of Croatia" are presented. Survey is conducted on 104 participants and shows, among other things, which associations in participants are initiated with the process of globalization and whether its impact on the Republic of Croatia is encouraging or limiting.