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Characteristics of globalization

Updated: 8/11/2023
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9y ago

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Globalization is a phenomenon with both pros and cons: Pros: (A) a country have the opportunity provide a greater audience with its product and this stimulates economic growth due to an increase in the demand for the product.

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16y ago
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9y ago

Globalization has resulted in the blending of cultures and business systems. It has also resulted in the destruction of certain cultural ideals. Globalization has led to the need of greater levels of standardization.

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