Portray with the tabulation the causes of globalisation and their impacts.
Answers
Answer:
Globalisation is the defined as free of goodds and services irrespective of political borders.
Explanation:
Causes:
1. Industrialisation leads to mass production that results the increase of consumerism.
2. Effective communication
3. Improved transport: Fast and reliable transport of goods and services improves the ondition of globalisation.
4. Free trade agreements: Unrestricted inflow and outflow of products intensifies the globalisation.
Impacts:
1. Service led growth: Many underdeveloped and developing countries triggered to service led growth and improved their people livelihood becasue of globalisation.
2. Technology transfer: Developed countries technology were transported to second and third tier nations.
3. Cultural exchange: Intermixing the culture
4. Family structure.
5. Urbanisation.
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