It is the age of 21st cyber century and we all people are its product. Likewise modernization and globalization are its parts. In simply we can understand modernization is to get modernized similarly globalization means to get globalize. The article deals with the positive capacity of globalization connected with modernization of the communities of the local closed spaces of “World II”, which refer to both either changes in the form of property and its management and realization, as well as to the processes of management of the production systems themselves and to the whole society. Intense processes of property individualization, as will as processes of property socialization, generalization and realization on large scale collective forms take place. The management itself overcomes the former centralized forms of influence and turns into new forms of horizontal integration and socialization, attraction of a larger number of participants in a certain community towards solving its problems. On the second place, the processes of the modernization connected with the new global world allocation of labor resources, where all communities are involved with their material resources and people.
On the other side, information and other scientific technologies result in quality changes in the production systems, in specific dematerialization of production and occurrence of a new “intelligent economics”, where knowledge turns to be the main source of efficience, ecological compliance and richness. By: Ram saran Adhikari
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