Globalization

Globalization

1. It's the opening of local and nationalistic perspectives to a broader outlook of an interconnected and inter-dependent world with free transfer of capital, goods, and services across national frontiers.

   • Disadvantages
     • Advantages
       • *Increased free trade between nations
         • Corporations have greater flexibility to operate across border
           • Global mass media ties the world together
     • Money problems can easily be spread
       • Financial insecurity
         • Intense competition

2. Diana Guadalupe García Rodríguez

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