Question

what are the effects of globalisation?

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Answer 1

Answer:

Globalisation has several advantage on economic,techonological and other fronts.

1) Expansion of World Trade

2) Increased Flow of International capital

3) Increased Interdependence between Countries

4) Transfer of Technology

5) Increased Availability of Goods

6) Increased Information Flow

7) Economic Prosperity

8) Increase in Cross-cultural Contacts

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Answer 2

Answer:

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.