importance of globalization
Answers
Answered by
54
Answer:
PLEASE. MARK ME AS BRAINLIEST ANSWER. If you think ANSWER is correct.
Attachments:
Answered by
3
Importance of globalization
- There is greater choice before the consumers. Now, they enjoy improved quality and lower prices of several products.
- Consumers enjoy higher standards of living than was possible earlier.
- It integrates countries through foreign trade and foreign investments by multinational companies.
- Interconnections have many dimensions-cultural, political, social and economic.
- There is an expansion of markets due to globalisation.
- New techniques of production and modem technology taking place.
- Globalisation has enabled some large companies to emerge as multinational themselves.
- Globalisation has created new opportunities for companies providing services, mainly those involving IT.
Pls mark it brainliest
Similar questions