state the effects of globalization
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Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
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POSITIVE IMPACTS OF GLOBALIZATION
- Gives Access to a Larger Market. ...
- Provides Cheaper Goods for Consumers. ...
- Globalization Wets Countries do what They do Best. ...
- Leads to Better Economies. ...
- Promotes World Peace and Unity. ...
- Innovation. ...
- Better Quality and Variety...
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