Question

What is globalization? list out the benefits of globalization?

Answer 1

Glbalisation is the integration between countries through foreign trade and foreign investments by multinational companies .globalization is a process of transporting products, culture , etc from one country to another. by this there is a sharing of culture, tradition,etc. exchange of produduts takes place.

Answer 2

Answer:

GLOBALIZATION:-

Globalization means speedup of movements and exchanges of human beings, goods, services, capitals, technologies and cultural practices all over the planet(earth).

BENEFITS OF GLOBALIZATION:-

• Access to new cultures.
• 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.
• international recruiting.
• Managing Employee Immigration.

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