History, asked by adobongitlog09, 1 day ago

give three (3) Good and Not-Good Impact of Globalization and draw own conclusions. ​

Answers

Answered by shivanikhosmane73
0

Answer:

The positive effects include a number of factors which are education, trade, technology, competition, investments and capital flows, employment, culture and organization structure.

Cons of globalization include:

Unequal economic growth. ...

Lack of local businesses. ...

Increases potential global recessions. ...

Exploits cheaper labour markets. ...

Causes job displacement.

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