Explain any three benefit of Globalisation with example
Answers
ANSWER:
1. Economic Benefits (a) It involves greater economic flows among various countries. (b) It has enhanced trade in commodities among countries. (c) The restrictions on the imports and the movement of capital have also been reduced. (d) This has spread internet and computer related services across national boundaries.
2. Technological Benefits (a) Technical equipment as telephone, internet, telephone, and microchip have contributed to globalization by exchanging ideas, capitals, and people to make convenient to move from one place to another at a fast pace to stimulate the process of globalization.
3. Political Benefits (a) The primary status remains unchallenged on the basis of political community. (b) To some extent developing countries have received a boost to become more powerful and strong.Read more on Sarthaks.com - https://www.sarthaks.com/123518/explain-any-three-benefits-of-globalisation-with-examples