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skad [1K]
4 years ago
4

Decide whether each item is a benefit or disadvantage of economic globalization

History
2 answers:
densk [106]4 years ago
8 0
Benefit-
Access to cheaper materials
international Cooperation

Disadvantage-
disputes over scarce resources
monopoly by nations ... such as oil<span />
Leokris [45]4 years ago
3 0

Economic globalization has led to an unprecedentedly large number of opportunities for cooperation, affordability of cheap labor, access to cheap resources and raw materials. In this general chase, some have managed better, some do not, but as a result we have an unequal distribution of goods of raw materials, profits, profits, investments, etc. On the other hand there are large corporations that offer better working conditions, better quality products, but also create a monopoly. Also, in that chase, there are no rare disputes about deficient resources.

In general, the benefits of economic globalization are access to cheaper raw materials and international cooperation.

Disadvantages are disputes over scarce resources and monopoly by nations holding essential natural resources such as oil

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