Globalization is a social phenomenon that cannot be examined in one dimension in today's conditions and affects almost every area of life. The phenomenon of globalization can be expressed as the convergence or integration of world economies thanks to technological innovations, access to and use of information. With the last quarter of the twentieth century, the developments in technology and information availability have had different effects on all world economies. At this point where globalization has come, the discussions in the economic literature have generally revealed two different perspectives. While one side thinking about globalization as an opportunity for countries to reach prosperity with the driving effect of neoliberal economic policies and technological developments, the other side argues that globalization is an element that increases income level differences between countries and communities and sharpens the poorwealth distinction. However, the globalization process, which has accelerated at the beginning of the twenty-first century, is an economic phenomenon that is experienced simultaneously with its pros and cons, advantages and disadvantages, threats and opportunities. Therefore, in this research, the question of whether economic globalization, which has been rising rapidly in recent years, is an opportunity or threat for world economies with the influence of technology and knowledge economy in the context of free markets, and a study is conducted in the context of developed and developing countries.