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what are the good things and bad things about globalization? in your own understanding.​

Sagot :

Poisonedrenidn

Answer:

Good things about globalization include:

  1. Increased trade and economic growth: It allows countries to trade goods and services globally, boosting economies.
  2. Cultural exchange: People can learn about different cultures and traditions from around the world.
  3. Technological advancements: Globalization promotes innovation and the sharing of technology across borders.

Bad things about globalization include:

  1. Job displacement: Some industries may suffer job losses due to outsourcing to countries with lower labor costs.
  2. Cultural homogenization: There is a risk of losing unique cultural identities as Western culture spreads globally.
  3. Environmental impact: Globalization can lead to increased pollution and exploitation of natural resources.