Question

what to you mean by globalisation?what are the advantages and disadvantages

Answer 1

hi,

Globalization means extending our company level to international wide.
it helps in inlink between two companies and also friend ship between two countries or group of people.

Globalization have both advantages and disadvantages.

Increased free trade and communication between nations, along with increased access to technology, media, education, healthcare, consumer goods, and other resources are often considered as advantages of globolization.

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.

according to above advantages and disadvantages we can say:

some of the advantages of globalization are:

* free trade

* community between two nations

* Increased access of technology

* consumer goods

some of the disadvantages of globalization are:

* cultural homogenization

* It reduces global poverty

* increases wealth inequality worldwide

*effects on local ecnomics

hope it helps....