Question

what are the impacts of globalization in the way we live?its globalization is good or bad? is it beneficial or detrimental?​

Answer 1

Answer:

Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less

Explanation:

For many people, globalization is a beneficial process. ... Corporations acquire a competitive advantage through globalization. It helps them lower their costs of operation. They are able to open new markets and earn access to other raw materials