ADVANTAGES OF GLOBALIZATION

Advantages of Globalization
Globalization has several advantages on the economic, cultural, technological, social and some other fronts. Any myths, existing in the mind, regarding these must be dispelled.
Advantages of Globalization
Globalization means increasing the interdependence, connectivity and integration on a global level with respect to the social, cultural, political, technological, economic and ecological levels.

Advantages of Globalization

* Goods and people are transported with more easiness and speed
* the possibility of war between the developed countries decreases
* free trade between countries increases
* global mass media connects all the people in the world
* as the cultural barriers reduce, the global village dream becomes more realistic
* there is a propagation of democratic ideals
* the interdependence of the nation-states increases
* as the liquidity of capital increases, developed countries can invest in developing ones
* the flexibility of corporations to operate across borders increases
* the communication between the individuals and corporations in the world increases
* environmental protection in developed countries increases