2007-01-22 21:58:29 · 3 answers · asked by chamu c 1 in Social Science ➔ Economics
Globalisation helps in searching the right place for right products.
A low cost nation can export to other high cost nation so globalisation helps in cost benefit concept. But excessive creates local producer to quit from market and it creates problem of unemployment.
2007-01-22 22:04:49 · answer #1 · answered by kishor_hingrajiya 1 · 0⤊ 0⤋
Globalization is really inevitable. As more people are born and travel, the peoples of the world become closer in every way and therefore, the world's goods will be traded more. It's good to be brothers and sisters as long as we understand that we are equal. Without that knowledge, there will be wars.
2007-01-22 22:17:24 · answer #2 · answered by a_phantoms_rose 7 · 0⤊ 0⤋
not exact;y
the rural population has still not benefitted from it
2007-01-23 19:52:25 · answer #3 · answered by sushobhan 6 · 0⤊ 0⤋