Globalization Advantages and Disadvantages

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What Is Globalization?
Globalization means increasing the interdependence, connectivity and integration on a global level with respect to the social, cultural, political, technological, economic and ecological levels.
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.
Globalization is deeply controversial, however. Proponents of globalization argue that it allows poor countries and their
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international criminal courts and international justice movements are launched the standards applied globally like patents, copyright laws and world trade agreements increase corporate, national and subnational borrowers have a better access to external finance worldwide financial markets emerge multiculturalism spreads as there is individual access to cultural diversity. This diversity decreases due to hybridization or assimilation international travel and tourism increases worldwide sporting events like the Olympic Games and the FIFA World Cup are held
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