Question

What is one advantage localized economies may have over more globalized economies?

Answer 1

Answer: Localized economies give communities more control over the goods and services they produce (APEX)

Explanation: for all my apex friends

Answer 2

Answer: opportunity of free start.

Explanation:

Different from the globalized economies, the localized economies offer an opportunity of free start because it creates a competition between the market. Because in the globalized economies we see the expansion of the multinational companies - although it is able to reduce the prices - it is a hard blow to the free competition, since few institutions happen to control much of the worldwide market. In addition, the relocation of factories allows the acquisition of cheaper raw materials and the use of more labor, reducing wages and contributing to the progressive deregulation of labor laws.