Social Sciences, asked by shikha2019, 1 year ago

what are three advantage of globalisation

Answers

Answered by prachi5659
2
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.
Answered by Anonymous
3

Answer:

GLOBALISATION and greater competition among local and foreign producers has been of advantage to consumers.

  1. There is greater choice before the consumers. Now, they enjoy improved quality and lower prices of several products.
  2. Consumers enjoy higher standards of living than was possible earlier.
  3. It integrates countries through foreign trade and foreign investments by multinational companies.
  4. Interconnections have many dimensions-cultural, political, social and economic.
  5. There is an expansion of markets due to globalisation.
  6. New techniques of production and modem technology taking place.
  7. Globalisation has enabled some large companies to emerge as multinational themselves.
  8. Globalisation has created new opportunities for companies providing services, mainly those involving IT.
Similar questions