Social Sciences, asked by kethanrao3, 1 year ago

how do we feel the importance of globalisation in our daily life explain with example

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Answered by king6664
1
Globalization has impacted nearly every aspect of modern life. While some U.S. citizens may not be able to locate Beijing, China on a map, they certainly purchase an overwhelming number of goods that were manufactured there.

According to a 2010 Federal Reserve Bank of San Francisco report, approximately 35.6 percent of all clothing and shoes sold in the United States were actually manufactured in China, compared to just 3.4 percent made domestically. Below is a look beyond the everyday implications of globalization and towards the economic implications that impact international investors.

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