Answer:
Benefits:
- Access to a larger market
- Increase in production of goods
Costs:
- Loss of jobs in developed countries
- Depletion of natural resources.
Explanation:
On the one hand, a global market means that a company or firm can potentially reach a larger market to sell its products and services. And in turn, make more profit. On the other hand, it also means that the competition is global and that a firm has to compete in this larger market with hundreds of firms. This often means that to be competitive, companies have to lower their costs. One easy way of doing that is by outsourcing or moving parts of their production process to countries with lower salaries. This leads to the loss of jobs in the home countries.
The increased competition and the larger market also mean that more goods are produced at a better price for the customer. However, this production can easily get out of hand and deplete natural resources.
<span>Yes, China's world view was the cause of the ending of it's exploration and voyages. Under Zheng He, China grew and enjoyed much world travel. in 1424, Zheng He suddenly died and his successor halted all plans for voyages and exploration. A new emperor stepped in and revived the voyages but in 1433 at his passing, China lost interest in overseas exploration and ended their voyages.</span>
Sonic was made June 29,2011 on a Wednesday.