Economy, asked by tatai5413, 11 months ago

How to effect globalization in developed countries?

Answers

Answered by mehek2440
2

Answer:

Globalization creates greater opportunities for firms in less industrialized countries to tap into more and larger markets around the world. Thus, businesses located in developing countries have more access to capital flows, technology, human capital, cheaper imports, and larger export markets.

However, globalisation is also affecting us in a negative way. Increased transportation and the global shift of polluting manufacturing industries has resulted in environmental degradation. Pollution is affecting people's health and having a negative impact on biodiversity levels globally.

hope it helps dear.

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