276,180 views
24 votes
24 votes
What are the 4 benefits of globalization?
hochs
of globalizati

User Konstantin Pelepelin
by
2.9k points

2 Answers

18 votes
18 votes

The four benefits of globalization are :

  • Access to New Cultures.

  • The Spread of Technology and Innovation.

  • Lower Costs for Products.

  • Higher Standards of Living Across the Globe......
User Jonesinator
by
2.3k points
11 votes
11 votes

Answer:

They are:The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.Access to New Cultures.The Spread of Technology and Innovation.Lower Costs for Products.Higher Standards of Living Across the Globe.Access to New Markets.Access to New Talent.International Recruiting.Managing Employee Immigration.

User Shial
by
2.8k points