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.
The answer is really self explanatory. Rationing food allowed them to get through out the war without having to worry about the amount of food supply they had.
Answer:
it was ratified on March 1,1781
Lincoln??
I don’t get it but I think it’s in the question
John Locke was an English philosopher known for keying the term “life, liberty, and property” and believed in a social contract between the government and its citizens. He believed in natural and law, and thought that if that natural law was violated the people had the right to overthrow their ruler. Due to Locke’s strong belief in free will, it could be inferred that Locke opposes men being controlled against their own will.
