39.8k views
6 votes
>economics<

1. What is globalization?

2. Overall, do you think that Globalization is a good thing or a bad thing? Explain
your answer

3. What is a benefit of Globalization that you can think of? What is a drawback
that you can think of?

4. What is Friedman talking about when he says that the 'world is flat'? Do you
agree with him?

User Ekjyot
by
3.4k points

1 Answer

2 votes

#1

Globalization means to interpret a country's economy with the world's economy .It increases the GDP

#2

It's a good thing as it removes all boundaries between countries economies

#3

  • It connects countries with each other.
  • Drawback is it is in control of super powers like US

#4

  • World is flat means that anyone can go anywhere.
  • With globalization it's agreeable
User Spacecoyote
by
3.5k points