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ADVANTAGES OF GLOBALIZATION
● Economy
● Culture
● Politics
ECONOMIC GLOBALIZATION
Implementation of new innovations- new innovations would improve numerous fields such
as health, communication and more. It also helps other countries share information about
technological development to developing countries and promotes local growth by stimulating
overall growth.
Decreases the cost of manufacturing- companies can offer goods at a lower price to
consumers and consumers also have access to a wider variety of goods. It enables us to share
financial considerations. It helps increase the demands of products and gives businesses a
larger market to purchase their goods.
Broadens the relationship within the countries- The communication creates a higher level
of mutual trust.
POLITICAL GLOBALIZATION
Growth of the worldwide political system- Where the state sovereignty is reduced,
expansion of development and empowerment of individuals; men, women, groups,
minorities.
CULTURAL GLOBALIZATION
Better understanding of different values and attitudes- It allows us to learn about other
people's lives, opinions, and values such as the cross cultural.
Capacity to communicate and defend one's values and ideals globally- By global
communication it will lessen the stereotyping and fewer misconceptions about other people
and cultures.
Access and adaptation to new cultural trends, products and environment- Other
countries may influence us in different fields such as in arts, entertainment like Hollywood
films, animation from Japan and education.
REFERENCES
https://brandongaille.com/12-economic-globalization-pros-and-cons/
https://www.nationalgeographic.org/article/effects-economic-globalization/9th-grade/
https://helpfulprofessor.com/political-globalization-pros-cons/
https://en.ppt-online.org/472220
http://www.mrglobalization.com/bk-globalization-and-culture
ADVANTAGES OF CULTURE GLOBALIZATION
https://en.ppt-online.org/472220
https://cie401.wordpress.com/discussion/week-2-conceptualizing-globalization