Question

Give any two advantages of Globalisation.

Give four advantages of globalisation.

Answer 1

1. Transfer of technology: Multinationals and cross‑border ties bring modern production and management technologies to local firms.
2. Inflow of foreign capital: Globalisation attracts foreign direct investment, increasing capital available for growth and development.
3. Increased competition and consumer benefits: Greater competition lowers prices, improves quality, and widens the variety of goods and services available to consumers.
4. New employment opportunities: Outsourcing and expanded markets create jobs in services and manufacturing.