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if Globalization did not exist what do you think will happen to us and to the environment ​

Sagot :

If Globalization did not exist what do you think will happen to us and to the environment ​

The term "globalization" refers to the process of bringing people from all over the world together. Globalization is a term used in economics to describe the process by which firms, organizations, and countries come to operate on a worldwide scale. Globalization is most commonly associated with economics, but it also has an impact on politics and culture. Globalization has been demonstrated to improve the standard of living in developing countries in general, but other analysts warn that it may have a negative impact on local or growing economies, as well as individual employees. Globalization isn't a brand-new concept. People have been trading products with each other since the dawn of civilization. As cultures progressed, they were able to go further away in order to sell their own items for more desirable goods found elsewhere. Globalization gives firms a competitive advantage by allowing them to acquire low-cost raw materials from throughout the world. Organizations can also take advantage of cheaper labor costs in poorer countries while using the technical skills and experience of more developed economies thanks to globalization.

What are the strength of globalization?

https://brainly.ph/question/12966994

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