Select two Developed/Advanced countries for review: a) Discuss two benefits each of Globalization in these economies b) Discuss two drawbacks each of Globalization in these economies.
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Select two Developed/Advanced countries for review:
a) Discuss two benefits each of Globalization in these economies
b) Discuss two drawbacks each of Globalization in these economies.
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- Enumerate 5 examples of globalization today and explain the advantages and disadvantages of globalization to humanity.It has been observed that the growth of globalization since the 1990s has been accompanied by rising inequality in many high-income countries. This means a) Globalization harms the poor and benefits the rich in these high-income countries. b) Globalization causes income-inequality in these high-income countries. c) Globalization reduces employment in these high-income countries. d) Globalization creates winners and losers.Trace the development of the concept of globalization since it first appeared in the 1940s. What were the factors that have led to its development as a full-blown approach and integrated body of knowledge? What makes globalization a contested concept? Explain fully.
- Discuss the economic opportunities and threats of globalization for the least developed, developing and developed countries each.Global Media is a ________ type of globalization? Environmental Political Economic Social It is he sending of goods to another country for profit Barter Export Trade Import Bringing goods in another country for profit refers to: Import Trade Export Barter Which among the following are the negative effects of globalization? Workers are exploited Pollution and Deforestation Low wages in less developed regions All of the aboveAgree or Disagree and Explain. Globalization is harmful to local cultures, their artistic expressions and sensibilities, and their replacement by a homogeneous, often ‘Americanized’, culture? Increased global communications is positive because it permits the flow of cultural ideas, beliefs, and values?
- Which of the following statements is not true? a. Globalization is a process driven by international trade and investments and aided by information and technology. b. Globalization is a system of heightened interaction between various sovereign states, particularly the desire for greater cooperation and unity among states and people. c. Globalization is an umbrella term denoting the growing modern interconnectedness of nations, people, and markets d. Globalization is a kind of process which every nation interacts with each other to achieve global unityReact to the statement below: “The glory of globalization could also be its downfall.”Anti-globalization: A global perspective on why some states oppose globalization.
- Which of these is NOT a downside of globalization? * A.People in richer countries may lose their jobs. B.Companies in richer countries lose money when they move jobs to other countries. C.Children in poorer countries may quit school. D.The jobs that come to poorer countries pay very little money.Advantages of Globalization(at least 5), 2 exsamples of absolute advantages of personsWhich is NOT true about globalization? A. Globalization has competing definitions and importance B. Globalization has its origin in the field of international economics C. Globalization impacts education more than technology and politics D. We encounter globalization every day in our life