Advantages and disadvantages of globalization
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Benefits of Globalization?
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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Advantages :-
- Producers reached beyond the domestic markets.
- More quality and quantity products
- More and more wide range of products are now available even to common people.
Disadvantages :-
- Effected the lives of small producers and traders .
- Workers and their securities are being exploited.
- Increased competition with foreign companies..
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