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- Free trade between countries increases.
- global mass media connects all the people in the world
- as the cultural barriers reduce, the global village dream becomes more realistic
- there is a propagation of democratic ideals
- the interdependence of the nation-states increases
- as the liquidity of capital increases, developed countries can invest in developing ones
- the flexibility of corporations to operate across borders increases
- the communication between the individuals and corporations in the world increases
- environmental protection in developed countries increases
- And, developing nations have a better chance to improve their economies.
Globalization is generally connected to economies, allowing for more integration of capital and free trade on a global scale. However, globalization also allows for ideas, world views, and cultures to be shared worldwide. Over time, this can allow for less separation of people in society in general.
Wiki User
∙ 7y ago
Wiki User
∙ 9y agoOne advantage to globalization is increased revenues. A disadvantage to globalization is the fact that there are more risks for the company.
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What is the effect of globalization to international trade?
the effect globalization is the thinning of our ozoned layer
What is the effect of globalization in India?
The effect of globalization in India is very high. The imports and exports are highly increased. Globalization highly helpful for the evolution of new technology.
What is the positive effect of globalization in the Philippines?
effects of globalization in the philippines on politics
On globalization and its effects in the held of law enforcement in the Philippines what are its advantages?
effect of globalization in law enforcement?
How will globalization effect your career?
It depends on what your carrer is.
What is the effect of globalization on the Philippines?
Globalization has brought both benefits and challenges to the Philippines. It has led to increased trade and investment opportunities, economic growth, and access to technology. However, it has also resulted in job displacement, income inequality, and cultural homogenization. Efforts are being made to mitigate these negative impacts through policies that promote inclusive growth and sustainable development.
How did the establishment of Jamestown effect globalization?
It didn't affect globalization . The idea of globalization is a modern one and in 1604 when the 104 men landed in Virigina there truly was no such thing.
Globalization and its effect on agriculture?
Globalization refers to international integration mainly for business purposes. This mainly has a positive effect on agriculture since farmers have ready markets across the globe to sell their produce.
How does globalization and technology effect the four functions of management?
Hai thar.
How does trade in globalization affect the environment?
Invasive species, oil, human pathogens and virus are all in ballast water of ships, plus there is a carbon footprint of ships delivering goods, these are all environmental effects OF globalization, but as America is not free because of economic domination to address these issues they have no effect ON globalization. They definitely will not have an effect ON globalization as it is this administration economic recovery plan.
What does the term globerlization mean?
what is the impact of globalization and it's effect on the Nigerian economy
Identify the effect of globalization on Pakistan industries?
Pakistani industry is suffering due to globalization of markets because of the demand of international products rather Pakistani products.
