Economy, asked by Punarvas8380, 1 year ago

How is globalisation import to us ? merits and demerit of globalisation?

Answers

Answered by khatrirk12
3

Globalisation is the process of international integration through acceptance and exchange of each other’s goods, services, culture among others. Thus, virtually , it is a process of vanishing of the borders between various countries.

However, this phenomenon is a twin-faced one, thus having both advantages and disadvantages. Let us have an insight on them:

Advantages:

With better exchanges of goods and services, each and everything is now available everywhere in the world.

The North(refers to the developed world) merges with the South(developing and Least developed), thus leading to an era of overall technological advancement which in turn has its huge advantages on literally every aspect including health, education, poverty among others.



Disadvantages:

This process is leading to an era of Neo-colonialism, as the developed nations are trying to assert their dominance in the name of globalisation
Answered by XxMissCutiepiexX
11

Explanation:

Globalisation is very important us.❤

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Climate change includes both the global warming driven by human emissions of greenhouse gases, and the resulting large-scale shifts in weather patterns

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