what are three advantage of globalisation
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the advantage of globalisation:-
1 } Global mass media ties the world together.
2 } Increased flow of communication allows with information to be shared between individuals and corruptions around the world.
3 } Greater case and speed of transportation for goods and people.
1 } Global mass media ties the world together.
2 } Increased flow of communication allows with information to be shared between individuals and corruptions around the world.
3 } Greater case and speed of transportation for goods and people.
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GLOBALISATION and greater competition among local and foreign producers has been of advantage to consumers.
- There is greater choice before the consumers. Now, they enjoy improved quality and lower prices of several products.
- Consumers enjoy higher standards of living than was possible earlier.
- It integrates countries through foreign trade and foreign investments by multinational companies.
- Interconnections have many dimensions-cultural, political, social and economic.
- There is an expansion of markets due to globalisation.
- New techniques of production and modem technology taking place.
- Globalisation has enabled some large companies to emerge as multinational themselves.
- Globalisation has created new opportunities for companies providing services, mainly those involving IT.
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