Advantages Of Globalization
- Increased free trade between nations
- Increased liquidity of capital allowing investors in developed nations to invest in developing nations
- Corporations have greater flexibility to operate across borders
- Global mass media ties the world together.
- Increased flow of communications allows vital information to be shared between individuals and corporations around the world
- Greater ease and speed of transportation for goods and people.
- Reduction of cultural barriers increased the global village effect
- Spread of democratic ideals to developed nations.
- Greater interdependence of nation states.
- Reduction of likelihood of war between developed nations
- Increases in environmental protection in developed nations
3 Comments