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Globalization facilitates the exchange of goods, services, ideas, and cultures across borders, promoting economic growth and development. It allows countries to access larger markets, fostering competition and innovation while providing consumers with a wider variety of products. However, globalization can also lead to challenges such as economic disparity, cultural homogenization, and environmental concerns, necessitating careful management to maximize benefits while mitigating drawbacks. Overall, it connects nations and enhances interdependence, reshaping economies and societies worldwide.

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1w ago

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