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foreign investors hire local workers and improve local infrastructure
Khalid Waters
Wiki User
∙ 8y agonovanet answer: foreign investors hire local workers and improve local infrastructure byron gordon it helps developing nations "catch up" to industrialized nations much faster through increased employment and technological advances.
Wiki User
∙ 9y agoGlobalization has deeply benefited developed nations. These nations keep track of each other and try to make the biggest world-changing improvements in medicine and technology. These countries motivate each other to keep on themselves on top.
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Who benefit from globalization?
Countries who want to improve their economy and aim for internal development can benefit from globalization. However, the wealth brought by globalization is not equally distributed and those who are rich gain that phenomenon and the poor actually lost.
How globalisation hinder or support development in Africa?
Globalization can both hinder and support development in Africa. On one hand, globalization can lead to exploitation of resources, widening income inequality, and loss of local culture. On the other hand, it can bring in investments, technology transfer, access to global markets, and opportunities for economic growth. It is essential for African countries to manage globalization effectively by developing policies that maximize the benefits and minimize the negative impacts.
How do people the US benefit from globalization?
Economic growth is one way that people in the United States benefit from globalization.
How do people in the united states benefit from globalization?
Economic growth is one way that people in the United States benefit from globalization.
What is a benefit of trade between two countries?
globalization
Where is globalization now?
The nation of India has a lot of globalization going on at the present time (fall of 2012).
What is globalization and how is that different from National Sovereignty?
National sovereignty is the ability for a nation to govern itself. Globalization is the ability for a nation to broaden their horizon by interacting with other nations.
What does globalization benefit some countries more than others?
It's a way that express who you are. You may speak many different languages or a few, for example, that's a benefit that globalization gives to you.
What are the Major interest groups in the world economy in globalization?
i think mulitinational companies and the nation of interest is a player in globalization
How does globalization affect marketing activities?
development of machine
What has been the main benefit of globalization in the United states?
Economic Growth
What are advantages of globalization?
One of the benefits of the international trade is that different economies are able to obtain a variety of goods through specialization. The other benefit of specialization is that it improves relationships between countries.
