Globalisation is a boon or a bane. elaborate for about 150 words.(content type- debate) .. plz guyz include more valid facts the early u post , i will mark u brainliest. i will mark 1st answer as brainliest.
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Answer:
What is Globalization? At an economic level Globalization is the process denationalization of markets. In much simpler words it integration of an economy to the world economy. Globalization theoretically is an economic phenomenon, but it has its impact can be felt on all fields of human life. Also Globalisation has helped developed countries by bringing in opportunities for economic development. Globalization also has helped developing countries in gaining greater access to developed country’s technology and their markets. But globalisation has its own negative impacts and challenges. Growing inequality in within and across nations, environmental problems and volatility in financial market are some of the negative impacts of globalisation.