1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergij07 [2.7K]
3 years ago
12

Decide whether each item is a benefit or cost of economic globalization.

History
1 answer:
emmainna [20.7K]3 years ago
4 0
access to a larger market
This is a benefit of economic globalization since it will open up a wide range of national, regional, and a lot of other markets in which resources, goods, and services as well as information are free-flowing. Every market will therefore have access to the products of various other markets in the whole world.

loss of jobs in developed countries
Economic globalization has led to an improvement in the developing countries. Unfortunately, this had a negative effect on the jobs already available in the developed countries since the decrease of poverty in other developing countries would cause some immigrants to leave their jobs in the developed countries to go back to their homelands, where significant improvement is already seen.

This is therefore a cost of economic globalization.

depletion of natural resources
Economic globalization would encourage markets to produce a lot more compared to the usual situation since they can export their resources to other markets in various places of the world. This would then lead to some markets specializing based on what they have, causing them to utilize their natural resources more frequently. 

Depletion of natural resources is therefore a cost of economic globalization.

increase in production of goods
Because of the free-flowing marketplace of goods and services brought by economic globalization, most markets would see a significant increase in the demand of their products. This will lead them to increase their production to meet that demand. Since they can freely export these goods, increasing the production would yield them more profit than usual, thus this will be a benefit of economic globalization.



You might be interested in
How is technology improving the standard of living in this world​
Mrrafil [7]

Answer:

by bring able to call and message anybody we want anywhere

3 0
2 years ago
A 19th-century english social darwinist would say that his or her nations power was proof of
marta [7]
He would claim that it was proof of superiority. Social Darwinism is an idea that people or countries who succeed in life and who become rich did so because they could adapt to the environment and that those who are poor are inferior to them because they couldn't. In country leading, the idea is that the countries that became wealthy were superior and thus easily became rich while poor countries are inferior in their opinions.
3 0
3 years ago
Can someone please help me and write out the answer​
VARVARA [1.3K]

Answer:

C looks like the closest correct answer.

I think the answer is C

5 0
3 years ago
All of the following are goals of the United States constitution as stated in the preamble EXCEPT A.Establish justice B.Ensure a
bezimeni [28]
B. to ensure an absolute government

7 0
3 years ago
16
DedPeter [7]

Answer:

Immigrants- people who leave their native country

Emigrants- people who come to live in a new country

Population trend- changes in population over a period of time

Natural increase- the difference between the birth and death rate

Explanation:

Immigration is described as the flow of people from their home country to another.

Emigrants defined as people who leave their own country to settle permanently in another. The reason for the settlement in other country is to get facilities and jobs.

Population trend refers to changes over time and can include changes in population over time.

Natural increase term refers to the difference between the numbers of births and deaths in a population.

3 0
2 years ago
Read 2 more answers
Other questions:
  • "Muhammad was troubled by the moral ills of Meccan society, especially greed. He often went to a cave in the hills near Mecca to
    9·1 answer
  • Which statements reflect the democratic party's position on energy? Check all that apply
    8·1 answer
  • Bob dylan believed that ______________ were changing the world for the better.
    5·2 answers
  • What role did Clara Barton play in the civil war
    13·2 answers
  • What was the progress of the cold war between the united stand and soviet union and their relationship
    14·1 answer
  • 2. What event in 1949 forced Stalin to realize the West was not going to abandon West Berlin as he had hoped?
    7·1 answer
  • Why did the Domino Theory worry many Americans?
    8·1 answer
  • Both Ernest Hemingway and F. Scott Fitzgerald were
    14·1 answer
  • 15 points PLZ HELP
    6·1 answer
  • UN Human Development Index
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!