WGU D080 EXAMS
WGU D080 EXAMS What is globalization? - When international integration arises from the interchange of world views, products, ideas, and other aspects of cultures. different types of Globalization - 1. Economic 2. Political 3. Cultural Advantages of Economic globalization - more trade, investments, information technology, faster economic development, and increased social being Disadvantages of Economic globalization - benefits the rich at the expense of the poor, manufacturing job loss in developed countries, environmental damage, and unethical practices of labor Advantages of Political globalization - more cooperation amount countries, formation of international or regional organizations, NGOs Disadvantages of Political globalization - reduce
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