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sergeinik [125]
3 years ago
14

What changes has globalization created for economies of all nations

Social Studies
1 answer:
aniked [119]3 years ago
7 0

Answer:

more competition

Explanation:

Globalization is a process whereby businesses expand their scope of operations across other countries of the world. When globalization occurs, more competition is created among the local industries and the cost of production is significantly reduced. Companies can source the materials required for production in countries where they are not so expensive.

While expanding their reach they also benefit the citizens of the countries they go to as these gain employment. The competitive advantage offered by globalization makes it possible for companies to produce goods with higher quality but at lower prices. When businesses are in active competition the economy thrives.

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Answer:John is an: Underemployment

Explanation:

When an employee is hired into a job that will not require the use of all their skills and education.

Underemployment is categorised into:

Visible underemployment

Visible underemployment are the employees who work for lesser hours in their respective field. Although they may want to work fully time but they don't find the full time job so they end up taking part time jobs just to survive

Invisible underemployment

Under this underemployment people are employed into full time jobs but still these jobs don't require the use of their skills. John is under this underemployment because he is frustrated that his new job doesn't take advantage of his skills.

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2 years ago
Nepal is rich in social tradition justify it
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Answer:

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Why did Kate Shelley perform her heroic deeds?
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D. She wanted to save the lives of the people on the Midnight Express train.

Explanation:

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People tend to make systematic and predictable mistakes in their thinking. These mistakes are called:
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Answer:

People tend to make systematic and predictable mistakes in their thinking. These mistakes are called biases.

Explanation:

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