Theaters in modern times are centers of high culture. This was not so true of The Globe and other theaters of its time. In fact, they were looked down upon so much that they were banned from the city of London (the Globe was across the river from what was then London).
Theaters were sometimes used for other kinds of entertainment such as bear baiting and dog fights. Worse than that, theaters were also blamed for social problems, much as strip clubs are now. They were said to be places that had a lot of gambling and even prostitution.
The Globe Theatre brought many cultural aspects of the theatre into the city. It was built in 1598 in London's Bankside District. The theatre was open air and could seat as many as 3,000 people. For the first time people, peasants and lords and ladies, were all exposed to the delights of plays. All classes could observe and learn about different cultures through the elements of the play. For example: Shakespeare’s play "Othello" introduced the culture of the Moors.
Politics were brought to light through the use of satire and wit in the Globe theatre. Political discussions were oppressed during the era, but with the ability to gather the people the Globe served as an excellent forum to address various political issues that had to be masked by dialogue.
Economically, the Globe theatre brought in wealth to merchants and guest houses. People would travel to London to see plays and needed places to stay. This resulted in an increase of Guest Houses where they could spend the night. In addition, the influx of people brought more money into the community. Sales and profits increased for local merchants.
Employment, while most of the actors were already set up in performance troupes, the stability of the theatre allowed for different positions to be added in the community. Custodians, scene designers and prop makers as well as supportive cast members were employed by the troupes at the theatre.
On a negative note, the Globe theatre created conflict between the strict Puritans who felt that the introduction of the Globe brought in too many corrupt people from other places. They also felt that entertainment was a sin.
The Globe Theater was built in London in 1599 by Shakespeare and his company of actors called the Lord Chamberlain's Men. It was destroyed by fire on 29th June 1613. It was quickly rebuilt on the same site in 1614. It was closed down by the Puritans in 1642.
The Globe theater was always situated in London. It never traveled to other cities.
A modern reconstruction of the Globe Theater named 'Shakespeare's Globe' was built in 1997 a short distance away from its original site.
The Globe theater's primary aim and purpose was to provide dramatic entertainment to the theater going public of London city. However, drama was considered low brow and hence the Globe theater itself was situated well outside the urban limits. Needless to say it must have been also the location for many shady activities like prostitution.