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What are the Prospects and challenges of globalization in Tanzania?
Mmudonko
(i) Through trade liberalization and free market economy, globalization has stimulated much utilization of Natural Resources, there are many companies which are investing in national resources like mining ,fishing ,etc ,these companies enables Tanzania to utilize her resources for development of her people
(ii) Globalization has made production and transportation of goods easier and faster than ever before. Therefore it enable Tanzania to get different varieties of goods of various quality and quantity from any part of the world
(iii) In some instances, globalization creates employment opportunities to many people. For examples different companies such as vodacom, tigo, mining companies etc employ many Tanzanians.
(iv) Through globalization of social services, there is wide spread of private schools ,hospitals, dispensaries which contribute much in providing services to the people ,hence improving their well being
Wiki User
∙ 10y ago
Wiki User
∙ 10y agochallenge of globalization
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