What is Globalization?
Globalization is describes the integration and interaction between people of different countries and also between government of different nations.
Pros of Globalization
- Globalization creates access to new Cultures.
- Globalization encourages the spread of technology and innovation.
- Globalization leads to lower costs for products.
- Globalization increases standards of living
- Globalization creates access to new markets.
- Globalization helps discover to new talent.
Cons of Globalization
- Globalization can create unequal economic growth.
- Globalization destroys local businesses.
- Globalization gives room for potential global recessions.
- Exploitation of cheaper labor markets.
- Globalization leads to job displacement.
Learn more about Globalization at https://brainly.com/question/1133228
