Globalization has the largest effect on
A) Politics
B) Economy
C) Employment
D) Business
Answers
Globalization has the largest effect on
A) Politics
B) Economy
C) Employment
D) Business
Option B..
Hope it helps ❤️
This answer should be B, since the globalization is the most important thing which can destroy the economy.
The different change in the economy has changed now, compared to before.
Globalization is a system which will give rules and regulation, societies that have changed all over accordingly to the correspondence, transport and exchange, which is important these days.Globalization or globalisation is the process of interaction and integration among people, companies, and governments worldwide.
As a complex and multifaceted phenomenon, globalization is considered as a form of capitalist expansion which entails the integration of local and national economies into a global, unregulated market economy.
Globalization has grown due to advances in transportation and communication technology.
With the increased global interactions comes the growth of international trade, ideas, and culture.
Globalization is primarily an economic process of interaction and integration that's associated with social and cultural aspects.
However, conflicts and diplomacy are also large parts of the history of globalization, and modern globalization.
Economically, globalization involves goods and services, and the economic resources of capital, technology, and data.
Also, with the expansions of global markets liberalize the economic activities of exchange of goods and funds. Removal of Cross-Border Trades barriers has made formation of Global Markets more feasible.
Globalization and its Impacts on the World Economic Development.
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.