Globalization has both benefits and disadvantages. Some of the benefits of globalization include more efficient markets, wealth equality, beneficial partnerships, increased opportunities and new solutions to problems. Th... More » Business & Finance Corporations

Globalization is generally regarded as a good thing because it creates open market opportunities and fosters efficiency between suppliers, partners and customers through a network of distribution; for example, a company ... More » World View Social Sciences Economics

Proponents of globalization argue that it is economically stimulating, encouraging not only the free play of market forces but entrepreneurship and innovation as well. Alternatively, detractors state that globalization h... More » Business & Finance Industries
similar articles

Globalization is good because it provides the world with more efficient markets, increases competition leading to better goods, generates wealth in all parts of the world and builds and stabilizes security. Globalization... More » World View Social Sciences Economics

Globalization refers to the interaction between different peoples and governments, often in the realm of international trade. It intensifies the interconnections within the global community and influences nations not onl... More » Education

Globalization poses many problems, including increased economic gains for already powerful countries at the expense of developing countries, a more homogeneous global culture overall and a host of negative environmental ... More » Science Environmental Science Human Impact

Globalization allows countries to benefit from economic synergy and collaborate in handling political, social and economic challenges. A global economy expands the reach of buyers and sellers for governments and countrie... More » World View Social Sciences Economics