answersLogoWhite

0

The benefits of globalization is that it provides a better place to live in and solve unemployment and poverty. The drawbacks of globalization is that it is good for the high class people and bad for the poor people.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is the globalization of market?

The benefits derived while doing trade worldwidely.


What points can be use in gobalization debate?

The conflicts and the benefits covering globalization are some of the points that can be used in the globalization debate.


What is Globalization of markets?

The benefits derived while doing trade worldwidely.


What is the consequences of globalisation on Nigerian economy?

Globalization has made it possible for Nigerian businesses to find markets abroad. Globalization has also ensured that Nigerians get products and services that are not available locally.


What are the benefits of capitalist in third world countries?

Globalization- which is a mixture of market and culture.


Positives of financial globalization?

Reaping the Benefits of Financial Globalization. Last Updated: August 05, 2013. Prepared by the Research Department* Approved by Simon Johnson.


What has been the main benefits of globalization for the United states?

While globalization has contributed to the reduction of overhead expenses for businesses, slightly improving growth, the drawback is that it causes increased unemployment in the US.


There are always to drug use A limits B consequences C benefits D prices?

consequences


What are three positive impacts of globalization on business?

Three positive impacts resulting from globalization is more jobs, innovation and the company will strengthen the local economy. The host country and the home country of the organization benefits.


What should the Philippines do in order to become globally competitive and enjoy the benefits of globalization?

Ensure that their government and public officials are not corrupt.


Do the costs outweigh the benefits when it comes to globalization?

The assessment of whether the costs of globalization outweigh the benefits is complex and varies by perspective. Proponents argue that globalization fosters economic growth, increases access to markets, and promotes cultural exchange, thereby enhancing overall prosperity. Critics, however, highlight issues like job displacement, environmental degradation, and inequality, suggesting that these negative impacts can overshadow the advantages. Ultimately, the balance between costs and benefits depends on specific contexts and policies implemented to mitigate adverse effects.


What is Sociological globalization?

Global sociology is the study of the social life, change, and causes in the world. As well as the ultimate consequences of human behavior.