Answer:
1) access to a larger market - advantage
2) loss of jobs in developed countries - disadvantage
3) depletion of natural resources - disadvantage
4) increase in production of goods
Explanation:
The globalization is a process that became dominant in the world. It managed to connect the countries and the people from all over the globe, and that has had a huge impact on the global economy. This economic globalization has its advantages and disadvantages, thus its supporters and critics. The employment rates in the developing and less developed countries are constantly on the rise because they have cheap labor force. On the other side, the employment rates in the developed countries have started to decline because of the same reason. The access to the market has been made much easier, and it actually became a global market, which is excellent. The spreading out of the corporation around the world though managed to have very negative effect on the natural resources of the poorer nations by depleting them, as well as destroying the environment.
Answer:
benifits:
- access to a larger market
- increase in production of goods
disadvantages:
- loss of jobs in developed countries
- depletion of natural resources
Explanation:
hope this helps :)
