How did globalization affect American society, economy and government?

History

1 answer:

Sholpan [36]3 years ago

6 0

Answer:

Hope it helps (:

Explanation:

Globalization often lowers production costs. So corporations may sell products to consumers at a lesser price. Increased living standards are a critical factor in the average cost of products. There are also a broader range of items available to consumers. Globalization has helped bring a billion people out of poverty and enhanced thousands of thousands more lives. The US likewise increased its yearly GDP by approximately 11% - 19%. However, the fairness of these advantages worries many Americans.

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