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Of global happened indiya advantages​

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Answered by Rakhi2121
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Thomas Friedman,an American journalist, columnist, and author of "It's a Flat World After All" separates globalization into three stages; globalization 1.0, 2.0 and 3.0. According to Friedman, globalization 1.0, which dates to 1492, involved countries globalizing for natural resources. In globalization 2.0 (1800–2000), companies globalized for labour and markets. In 3.0, the current stage, companies are seeking to globalize down to small groups of people, or even individuals.

American journalist, columnist, and author of "It's a Flat World After All" separates globalization into three stages; globalization 1.0, 2.0 and 3.0. According to Friedman, globalization 1.0, which dates to 1492, involved countries globalizing for natural resources. In globalization 2.0 (1800–2000), companies globalized for labour and markets. In 3.0, the current stage, companies are seeking to globalize down to small groups of people, or even individuals.Friedman first described the world's economy as being macroscopic. He explains that only countries interacted with each other, not individuals or small groups. Friedman then focused on how this has changed and improved within globalization 3.0. Under globalization 3.0, the world turned flat and individuals now had the opportunity to work and collaborate with other individuals from varying and diverse backgrounds. Also, Friedman discussed how countries like India are using globalization to their advantage. The economies of countries similar to India are now blooming as the world is flattening and shrinking due to globalization.

American journalist, columnist, and author of "It's a Flat World After All" separates globalization into three stages; globalization 1.0, 2.0 and 3.0. According to Friedman, globalization 1.0, which dates to 1492, involved countries globalizing for natural resources. In globalization 2.0 (1800–2000), companies globalized for labour and markets. In 3.0, the current stage, companies are seeking to globalize down to small groups of people, or even individuals.Friedman first described the world's economy as being macroscopic. He explains that only countries interacted with each other, not individuals or small groups. Friedman then focused on how this has changed and improved within globalization 3.0. Under globalization 3.0, the world turned flat and individuals now had the opportunity to work and collaborate with other individuals from varying and diverse backgrounds. Also, Friedman discussed how countries like India are using globalization to their advantage. The economies of countries similar to India are now blooming as the world is flattening and shrinking due to globalization.Fifty years ago, countries such as India did not have a say in the global market and trade. America and other European powers who were once top players in the international market are now getting competition from countries like India, which is experiencing tremendous economic growth. Technology has played a major role in the advancement of globalization within India.

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