Economy, asked by vishalgupta12345, 11 months ago

what benefits consumer are getting due to globalisation

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Answered by niyatitodipcdg85
3
Globalization refers to the process by which trade or business starts to develop at an international level ..
or simply, the trade internationally refers to globalization..

BENEFITS-

Increased free trade and communication between nations, along with increased access to technology, media, education, healthcare, consumer goods, and other resources are often considered advantages of globalization. Some disadvantages of globalization include exploitation of developing countries, cultural homogenization, and adverse effects on local economies and the environment. Globalization is a complex issue, and while some argue that it  reduces global poverty, others argue that it actually increases wealth inequality worldwide.


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