Question

Analysis five advantages of globalization ?

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Answer 1

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ADVANTAGES OF GLOBALIZATION :

1) Globalization advantageous to the consumers , particularly the well off sections of urban areas.

2) Globalization improves the productivity and efficiency in the use of resources through the process of competition.

3) Due to Globalization , growth rate of economy has gone up with the increase in foreign investments and foreign technology in India .

4) It creates new opportunities for companies providing services particularly those involving IT.

5) It links different countries as because of the movement of goods , people , investment and services among various countries.

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