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What is the impact of globalization on the Bahamas?

Updated: 4/26/2024
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CaitlinWeglingp4209

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8y ago

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Globalization has had both positive and negative impacts on the Bahamas. It has increased economic growth through tourism and foreign investments, but has also led to cultural homogenization and environmental challenges. Increased competition and reliance on foreign markets have affected local industries and employment opportunities.

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