Business Studies, asked by Sahifa1458, 1 year ago

Define and discuss the term 'globalization' and explain the advantages of globalization.

Answers

Answered by thunderstrom28
0
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.
hopes this helps u
Answered by Anshults
0

'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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