advantages and disadvantages of globalisation ??
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Globalization brings the following disadvantages:
1. Increases the gap between the poor and rich — income inequality
.2. Cultural convergence — morepeople are moving toward western fashion
3. Environmental harm — resources are used up, scarcity, externalities like pollution and waste products.
Advantages of Globalisation :-
1-Globalisation helps in bring the whole world together as one village. Every consumer has more access to the products of foreign countries.
2- .Efficient use of natural resources.
3-Employment generation and income generation
1. Increases the gap between the poor and rich — income inequality
.2. Cultural convergence — morepeople are moving toward western fashion
3. Environmental harm — resources are used up, scarcity, externalities like pollution and waste products.
Advantages of Globalisation :-
1-Globalisation helps in bring the whole world together as one village. Every consumer has more access to the products of foreign countries.
2- .Efficient use of natural resources.
3-Employment generation and income generation
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