Wednesday 6 March 2019

Globalization and its Advantages

The worldwide movement towards economic, financial, trade, and communication integration. Globalization is the way that local or national ways of doing things become global, that is, done together around the world. Globalization is word use to describe the growing interdependence of the world's economies, culture and populations, brought about  by cross-border trade in goods and services, technology and flows of investment, people and information.

Globalization picked up steam with the invention of newer and newer technologies in the world of transportation and communication. Thus,, it can be seen that though globalization is traced back to ancient times by historians, it truly began at the end of the 19th and beginning of the 20th century.

Advantages of Globalization:-

1- With better exchange of goods and services, each and everything is now available everywhere in the world.

2- Consumer get the product they want at more competitive prices.

3- Globalization would help the developing world progress faster.

4- Adds to the profitability of companies and corporation.


5-  Increase in labour productivity and reduction in capital-output ratio.

6- Globalization improves communication access.

7- Improved quality of goods and services.

8- Globalization would reduce currency manipulation problems.

if you want to learn about it in depth then you have to search mass communication institutes, which institutes to choose for useful studies. You can search journalism courses in Delhi, best media institutes in Delhi, colleges of journalism etc.These institutes will help you in your training where you will learn about it a better way.


Happy Learning!
Anamika Gupta
IAAN  







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