Question

Do u think globalisation is good ❓❓

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Answer 1

hello friend sorry for unanswering last answer,,,

hope i may help u in the current ques....

GLOBALIZATION IS GOOD :::

reason:

⏹It is good because,, it has provided millions of people for workers..

⏹it helped out shifting of poors from their poverty..

⏹it enabled many foriegners to invest in india..

⏹ It indirectly contributes to the infrastructure of indian economy..

⏹ and even the GLOBALIZATION bought about new and better choice for the customers,, specially for working class..

⏹(out of syllab) even it helps in building stronger relationship with neighbouring countries...


hope it not too long.....

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Answer 2

Here is your answer dear⤵⤵⤵⤵⤵


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⏩The good side of globalization is all about the efficiencies and opportunities open markets create. Business can communicate efficiently and effectively with their partners, suppliers, and customers and manage better their supplies, inventories, and distribution network. Local producers can sell their products in distant markets with the same ease and speed as in their home country. Sony Corporation (NYSE:SNE), for instance, can sell its TV and game consoles with the same ease in New York as in Tokyo. Likewise, Intel (NASDAQ:INTC), Apple (NASDAQ:AAPL), and Cisco (NASDAQ:CSCO) can sell their high tech gear with the same ease in Tokyo as in New York.

⏩The good side of globalization is also about easy credit and rising leverage, as money flows easily across local and national boundaries, and creditors fail to distinguish between good and bad borrowers, boosting aggregate demand; setting the world economy into a virtuous cycle of income and employment growth; and easy credit and leverage fuel financial bubbles that feed into a euphoria that perpetuates the virtuous cycle.




Hope it will help you.


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