do you think globalization is important for nation development how
Answers
Answer:
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Explanation:
Globalization is the free movements of goods, services and people across the world in a seamless and integrates manner. Globalization can be thought of to be the result of the opening up of the global economy and the concomitant increase in trade between nations. Globalization, affects states, not only political but culturally as well as economically. The connectivity of these states and their dependence on one another for political stability, economic growth and cultural modification or awareness is also a factor of Globalisation. The key findings are: both the developing and developed countries could be benefits from the process of globalization. However, because the advantages such as technology, education, finance and management, the growth rapid of developed country is much higher than developing country. Globalization is the process of increased interconnectedness among countries. The prosperous economic development that is typically gained because of the increased interconnectedness among countries usually results in a better standard of living, and an overall improved quality of life.