Economy, asked by Barbie123, 1 year ago

What are the Advantages and disadvantages of Globalization?

Answers

Answered by MD2k15
6
advantages:
Globalization lets countries do what they can do best.

Globalization gives you a larger market. You can sell more goods and make more money.

Consumers also gets profit from globalization. Products become cheaper and you can get new goods.

disadvantages:

humans, plants and animals can spread more quickly.

poor country can get more poor.

Globalization can create unemployement in
industrialized countries because firms move their factories to places where they can get cheaper workers.
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