What are the good effects of globalisation ?
Answers
Introduction:-
Globalization a process where people, companies, and governments from different nations interact and integrate through international trade and investments has effects on the environment, culture, political systems, economic development and on the human physical well-being in societies around the world. Through the Internet, media, planes, international business and embassies we are now more connected to each other than ever before.
Positive Impacts:-
•Gives Access to a Larger Market
Through globalization countries and companies have access to a bigger consumer base. Instead of only selling products in their country a business can expand to other regions boosting sales and in the process making more money
•Provides Cheaper Goods for Consumers
Because of globalization a lot of companies are moving to areas where their cost of production is low they, in turn, offer cheaper products because they are not expensive to make hence lower prices for consumers.
•Globalization Wets Countries do what They do Best
For example, a country can buy cheap steel from another country instead of making its own steel. They can then focus their efforts on making other things they are good at like computers and export them to the countries they import cheap steal from.
Answer:
The chief benefits of global warming include: fewer winter deaths; lower energy costs; better agricultural yields; probably fewer droughts; maybe richer biodiversity.