Underdeveloped countries don't have the productive capacities necessary to take advantage of increasing international trade.
Many factors contribute to countries being left on the margins of globalization, including lack of infrastructure, political instability, corruption, limited access to technology and education, and economic disparities. These countries may struggle to keep up with the pace of global integration, hindering their ability to benefit from international trade and investment.
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.
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.
They can teach undeveloped countries how to use the resources available in their own lands to benefit their population.
The Indian economy does get benefit from globalization because the economy is allowed to access markets in many countries.
People in developing countries have access to innovations of the developed world. This includes computers, and cutting edge medical innovations.
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.
Economic Growth
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.
It is both good and bad. It brings less developed countries privileges from more developed countries that they would not have otherwise. It also levels the playing field for countries. Some cultures see globalization as a bad thing because of the Western Ideals that seep into their culture.