Question

describe the positive impacts of globalization​

Answer 1

$\huge\fbox\red{♡Answer}$

Globalisation is having a dramatic effect - for good or bad - on world economies and on people's lives. Some of the positive impacts are: Inward investment by TNCs helps countries by providing new jobs and skills for local people. Globalisation increases awareness of events in faraway parts of the world.

Answer 2

Answer:

1) Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers.

2) Lowered costs help people in both developing and already-developed countries live better on less money.

3) Inward investment by TNCs helps countries by providing new jobs and skills for local people

4) Some argue that globalization is a positive development as it will give rise to new industries and more jobs in developing countries.

5) Globalization has improved the quality of management in firms and the working conditions for people .

:-)