Define and discuss the term 'globalization' and explain the advantages of globalization.
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globalization was a economic revolution that took place after the end of Cold War. the changes that took place after the Cold War is also defined as globalization. it was a very important revolution which made development all around the world which was blocked before by the Cold War. many countries including India had a great impact on the economy. today, we are economically safe due to this globalization.
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'Globalization' and the Advantages of Globalization
Explanation:
- Globalization is the free flow of goods, services, and people across the borders of the countries.
- Advantages of Globalization
- It Increased free trade between the nations
- It Increased liquidity of capital allowing investors from developed nation Invest in the developing nations.
- The corporation has a greater opportunity to work outside the borders of the country.
Learn more: Globalization
https://brainly.in/question/1197867
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