Respuesta :
The one major problem that has resulted from globalization in the 20th and 21st centuries is Economic crises in one country can rapidly spread around the world.
In easy phrases, globalization is the manner by which people and goods move effortlessly throughout borders. basically, it is an economic concept – the combination of markets, change, and investments with few obstacles to sluggish the waft of products and services between nations.
Globalization lets organizations find decreased-cost approaches to produce their merchandise. It also will increase global opposition, which drives costs down and creates a bigger form of picks for customers. lowered charges assist people in both developing and already-evolved countries living higher on less money.
Financial "globalization" is a historical process, the end result of human innovation and technological progress. It refers to the increasing integration of economies around the world, especially thru the motion of products, services, and capital across borders.
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