Question

Explain any three advantages of globalisation. 0

Answer 1

hope it hlps u...........

Answer 2

• Economically, globalization involves goods, services, the economic resources of capital, technology, and data. Also, the expansions of global markets liberalize the economic activities of the exchange of goods and funds.
• Removal of Cross-Border Trades barriers has made formation of Global Markets more feasible. The steam locomotive, steamship, jet engine, and container ships are some of the advances in the means of transport while the rise of the telegraph and its modern offspring, the Internet and mobile phones show development in telecommunications infrastructure.
• All of these improvements have been major factors in globalization and have generated further interdependence of economic and cultural activities around the globe...