Economy, asked by ParineetaArora, 6 months ago

Advantages and disadvantages of globalisation..​

Answers

Answered by arshiaarora15572dcmc
1

Answer:

Advantages

1. Access to new cultures.

2. The spread of technology and innovation.

3. Lower costs for products.

4. Access to new markets.

Disadvantages

1. Increased flow of skilled and non skilled jobs from developed and developing nations as corporations seek out the cheapest labor.

2. Increased likelihood of economic disruptions in one nation effecting all nations.

3. Corporate influence of nation-states far exceeds that of civil society organisations and average individuals.

Answered by ItzDazzingBoy
2

Answer:

Access to New Cultures. Globalization makes it easier than ever to access foreign culture, including food, movies, music, and art. ...

The Spread of Technology and Innovation. ...

Lower Costs for Products. ...

Higher Standards of Living Across the Globe. ...

Access to New Markets. ...

Access to New Talent.

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