What are the advantages of globalisation?

Answer 1

Globalization can permit a company that has had it's market locally shrink or begin to dry up stay in business by selling their products or services in new markets. It can have the negative effect or permitting designs to be copied that were created through hard work and major expense. It can mean looking for lower wage labor though this is often secondary. If your job is so low skill that it can be easily exported, you have good reason to find a new skill.

Answer 2

Globalisation will help poor countries and can create more jobs. Just, imagine an under developed country trying to make its own cars, aircrafts, mobile phones, cloathes etc. Just open up and let the big giants produce it for you and over a period of time you will feel that they are better managers than your politicians and will outsource the job of running your nation to them. Wheather you like it or not, it has already started.

Answer 3

Many.Increase in foreign exchange,Increase in the local business,You get the the quality goods from different countries,Then you can easily exchange your ideas on certain topics through your communication systems,You can have better living, and most important there are lots of areas opening for every individual which is otherwide not possible without globalisation.

Answer 4

a million. companies are taking their businesses oversees to coming up countries which includes India and Mexico and hiring a paintings tension of folk who're paid below the popular American. this would be a draw back because of the fact companies who try this many times terminate their american workers and there are fewer jobs available for individuals. that's a bonus in terms of economic gadget because of the fact the businesses then can turn a superior income and alter into extra stable in the international financial gadget. 2. businesses who prepare gloablization have shoppers who're annoyed, workers that are annoyed and previous workers that lose their activity s are down precise offended. desperate human beings will do something and human beings who're being pushed out of their jobs so as that workers in different countries can do then at 0.5 the salary can get exceptionally desperate. 3. those businesses are particularly capitilistic ( i admire capitalism through how) and is not any longer question 3 all relating to the capitalistic way of existence? those businesses are spreading capitalism globally, incomes larger earnings, and putting examples international of what it capacity to be triumphant.

Answer 5

Globe will become single nation one day. No nation will be able to attack another and peace , Harmony will be established everywhere. No Country will try to attack some weaker one because everybody will find some or other interest in each nation to safeguard them.
We should practise and in courage globalisation as much as we can in out part with full support and enthusiastically.

Answer 6

Globalization results in a guaranteed minimum income is a that would give each citizen a certain sum of money independent of whether they work or not.

This is inevitable for any nation to become a super power.

Answer 7

Globalization allows people to continue to work for slave wages without medical insurance, allows organized crime to flow more efficiently, and allows central bureaucracies even more power over the general populace.

On the other hand, you can get a plasma screen TV for $300.

Answer 8

Advantage for who, the consumer, the manufacturer, or the poor slob who watched his job go over seas so the stock holders could make more profit?

Answer 9

It will bring all close to us ...