Question

What are the needs for globalisation?

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Answer 1

Answer:

The needs for globalisation arose from a large variety of factors. In fact, the need for globalisation resulted from the same factors which promoted the adoption of economic reforms. Some of the important factors which led to economic reforms are:

1) Weakness of Pre-1991 Policies

2) Major Foreign Exchange Crisis

3) Conditionalities Imposed By IMF and World bank

4) Fall of Union of Soviet Socialist Republics(USSR)

Hope it helps ugh....... (♡hitechy♡)

Answer 2

Access to New Cultures. Globalization makes it easier than ever to access foreign culture, including food, movies, music, and art. ...
The Spread of Technology and Innovation. ...
Lower Costs for Products. ...
Higher Standards of Living Across the Globe. ...
Access to New Markets. ...
Access to New Talent.