Through examples, justify the positive impact of globalization on
a) consumers
b) local companies
c) country
Answers
Positive impact of globalization on a ) consumers – Because of
globalisation consumers now have a diverse purchasing choice.
The internet has played a vital role in consumers buying decisions and helped in globalising.
b ) Local companies now benefit because of globalization.
Anyone who has internet connection can now access the global market.
They can also have online employees working from other part of the world.
Competition has increased. c ) country –
The economic growth has increased due to globalisation.
It helped in developing the health and education systems too.
Through precedents, legitimize the positive effect of globalization on shoppers.
Globalization has gotten benefits created nations and additionally negative impacts.
Expanded utilization prompts an expansion in the generation of merchandise, which thusly puts weight on nature.
The constructive outcomes incorporate various components which are instruction, exchange, innovation, rivalry, speculations and capital streams, business, culture and association structure.