Question

Socialization of globalization and effect on rural economy

Answer 1

Answer:

Globalization and Money

The booming trade and rising global connectivity helps money to travel further than ever before. Companies are now able to operate across borders and reach more customers, which leads to higher profits and ultimately, economic growth.

Answer 2

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Globalization gives organizations the opportunity to take advantage of lower labor costs in developing countries, while leveraging the technical expertise and experience of more developed economies.