Economy, asked by sayemazamsam2888, 1 year ago

How is the state affected by globalization.Do these concepts remain relevant?

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Answered by JAlekhya
8

Globalization, affects states, not only political but culturally as well as economically. The connectivity of these states and their dependence on one another for political stability, economic growth and cultural modification or awareness is also a factor of Globalisation. Nation states are naturally dependent on themselves for different resources, it could be as a result of competition, power in the international arena, or simply, for sustenance to their own economy.

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