Question

Using complete sentences, identifiy three positive effects of globalization

Answer 1

Positive effects of globalization are increased labor mobility, increased competition, and increased trade. Globalization is a process that has started off much longer ago than what is generally thought off among the wider public, though it started to gain more ground and gradually became dominant over the course of the 20th and 21st centuries. This process basically had the purpose to connect the economies around the world, enable easier movement of people and labor force, increase the trade, and in many ways to make the world function as 1 system. Globalization has had positive and negative effects, with some of the positive ones being increased trade, increased competition, and increased labor mobility. The increased trade has created conditions where the goods are traded to pretty much every part of the world. The increased competition has led to lower prices and greater quality of goods. Labor mobility has enabled the labor force to move easily from 1 place to another, benefiting the economy as well as their own personal interests.

Answer 2

Positive effects of globalization are increased labor mobility, increased competition, and increased trade.

Step-by-step explanation:

Globalization is a process that has started off much longer ago than what is generally thought off among the wider public, though it started to gain more ground and gradually became dominant over the course of the 20th and 21st centuries. This process basically had the purpose to connect the economies around the world, enable easier movement of people and labor force, increase the trade, and in many ways to make the world function as one system.

Globalization has had positive and negative effects, with some of the positive ones being increased trade, increased competition, and increased labor mobility. The increased trade has created conditions where the goods are traded to pretty much every part of the world. The increased competition has led to lower prices and greater quality of goods. Labor mobility has enabled the labor force to move easily from one place to another, benefiting the economy as well as their own personal interests.