foreign investors hire local workers and improve local infrastructure
novanet 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.
Globalization 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.
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.
Economic growth is one way that people in the United States benefit from globalization.
Economic growth is one way that people in the United States benefit from globalization.
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.
globalization
The nation of India has a lot of globalization going on at the present time (fall of 2012).
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.
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.
i think mulitinational companies and the nation of interest is a player in globalization
Advantages of globalization include increased trade between countries, access to a larger market for goods and services, cultural exchange, and opportunities for economic growth and development. Globalization also promotes efficiency and innovation through competition.
development of machine
Economic Growth