Explain any three advantages of globalization.
+ve impacts of globalistion
- globalisation is a force that touches the lifes of almost all people of the world.
- people have close contacts and they can enter into new relationships .
- investors of developed nations invest in developing nation leading to more foreign investments and economic growth.
- increased environmental protection in develpoed nations.
- increased movement of people b/w countries.
- it leads to betterment of technology.
- increases competition.
- increase the flow of information leading more awarness among consumers and producers.
- growth of cross cultural contacts new ideas of awarness and consiousness .
- rises the living standards.
- world bcom a single unified market.
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