Economy, asked by shilakumar5677, 1 year ago

Explain the three advantages of globalisation

Answers

Answered by sharpyy
7
hey
here is ur answer

Three main benefits or advantages derived from globalisation are in countries being able to procure the best and most efficient technologies for their production processes, being able to develop markets for their products and services across the globe and outsourcing jobs to countries where costs are low and the ...

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Answered by iampawan
9
.

1. Globalization can ruin the environment. Moving things from one area to another wastes oil, etc.

2. Globalization can ruin local economies. There is a movement that wants to buy local - especially organic foods.

3. Globalization can lead to hyper-specialization, which can be good, but also negative. There is something great about being a generalist. Also what if something goes wrong. To know things generally give an incredible perspective that specialists do not have.

4. Globalization can be driven by people with "know how" and power and they can systematically fleece the world.


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