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Match the impact of economic globalization on different people.

labor
businesses
consumers
wider choice of products
increased job opportunities
increased competition
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User Gudge
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2 Answers

2 votes

Answer:

labor increased job opportunities

businesses increased competition

consumers wider choice of products

Explanation: the only thing that we can do is to get accustomed to globalization and try to be open minded.

User Oflahero
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Answer:

labor > increased job opportunities

businesses > increased competition

consumers > wider choice of products

Step-by-step explanation:

Globalization is an economic and cultural phenomenon that has transformed the relations of production and labor.

Globalization has opened new possibilities for business and products, increasing the possibility of corporate profits and employability for people. Globalization has allowed companies to export their production chain to countries where labor is cheaper, increasing the competitiveness of firms. As a result, products have been cheaper and consumers have had access to a greater quantity of products offered to choose from.

User Ynka
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