Advantages and Disadvantages of Globalization
Advantages and Disadvantages of Globalization
Advantages and Disadvantages of Globalization
Some Advantages
Some Disadvantages
Increased free trade between nations
Increased liquidity of capital allowing investors in developed nations to invest in developing nations
Corporations have greater flexibility to operate across borders
Global mass media ties the world together
Increased flow of communications allows vital information to be shared between individuals and corporations around the world
Greater ease and speed of transportation for goods and people
Reduction of cultural barriers increases the global village effect
Spread of democratic ideals to developed nations
Greater interdependence of nation-states
Reduction of likelihood of war between developed nations
Increases in environmental protection in developed nations
Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest labor
Increased likelihood of economic disruptions in one nation effecting all nations
Corporate influence of nation-states far exceeds
Essay About Cultural Barriers And Greater Flexibility
Essay, Pages 1 (151 words)
Latest Update: June 14, 2021
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