Question

In: Economics

write a reflection paper (1000 words) on geographies of Globalidation. you need to evaluate critically how...

write a reflection paper (1000 words) on geographies of Globalidation. you need to evaluate critically how theories and practices of globalisation geography can influence our own lived experiences and observations about the world.

Expert Solution

Meaning

Globalization is that the economic reform that involves the growing interdependency of the world's economies culture that is brought by the commerce of products and services on the far side of the geographical boundary of the country.

however, theories and practices of economic process geographics will influence our own lived experiences and observations concerning the planet.

The theories and practices of economic process geographics will influence our own lived experiences and observations concerning the planet in some ways as Globalization lead all economic activities command within the economy. It permits the free flow of products and services within the economy. and it's attainable solely although trade.

Globalization involves serval advantages in economy

Access to New Cultures. ...

The unfold of Technology and Innovation. ...

Lower Costs for merchandise. ...

Higher Standards of Living Across the world. ...

Access to New Markets. ...

Access to New Talent. ...

International Recruiting. ...

Managing worker Immigration.

Due to the economic process in lead foreign firms endowed within the domestic market that leads will increase employment opportunities and the development of infrastructure within the economy.

globalization has enlarged international migration that has resulted in philosophical system societies.

a negative means of the economic process.

1)Increased transportation

2) the worldwide shift of polluting producing industries has resulted in environmental degradation.

Globalization conjointly affects the standard of living in the following ways

1) improvement in normal of living through improved roads and transportation

2) improved health care, and improved education because of the worldwide enlargement of companies.

3) Increase in industrial sector lead increase engaged opportunities

Globalization facilitates our country in the following ways

1) increase their economic process

2)solving the poverty issues in their country.

3) removing tariffs and unencumber their economies lead to higher commerce in the economy

Rahul Sunny answered 2 years ago

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