What are the positive and negative effects of globalization?


It is true that both positive and negative effects have come about because of globalization. Some positive points of globalization are the ease of communication, new industries and markets which have come about, as well as new opportunities for investors and entrepreneurs. Some negative points are dependency on a global market and security constantly having to adapt.
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Gaining access to markets around the world allows each country to fully leverage its own unique natural advantages. A natural advantage is an edge that allows countries in specific
yes ego is absolutely necessary.Some negative effects are isolation,arrogance but it does have positive effects too.If someone humiliates you it gives you an awesome power to prove
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The Negative & Positive Effects of Globalization
The term globalization describes the faster speed and intensity of global connections. Globalization has always existed, with global trade like the Silk Road, but in the 21st century it is much more pronounced than it ever was due to the rise of the... More »
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