asked 39.8k views
6 votes
>economics<

1. What is globalization?

2. Overall, do you think that Globalization is a good thing or a bad thing? Explain
your answer

3. What is a benefit of Globalization that you can think of? What is a drawback
that you can think of?

4. What is Friedman talking about when he says that the 'world is flat'? Do you
agree with him?

asked
User Ekjyot
by
8.0k points

1 Answer

2 votes

#1

Globalization means to interpret a country's economy with the world's economy .It increases the GDP

#2

It's a good thing as it removes all boundaries between countries economies

#3

  • It connects countries with each other.
  • Drawback is it is in control of super powers like US

#4

  • World is flat means that anyone can go anywhere.
  • With globalization it's agreeable
answered
User Spacecoyote
by
8.3k points
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