First of all, globalization improves the quality of products as a result of global competition. In order to survive in the market, businesses are forced to compete on global scale, encouraging creativity and innovation and allowing the market to exit consumers a better advantage. Especially the customer is king climb up to production increases the services of trade, technology growth and the world markets. talk at a town hall meeting in Mumbai, the president of the United States said, Because of the incredible rise of India and China and brazil and other countries, the US remains the largest economy and the largest market, but in that respect is real competition. This will keep the States on its toes. America is going to have to compete (The Times of India, par.2).
Secondly, with globalization, developed countries have become more involved with developing countries, helping their economies to grow and increasing their standard of living. Developing countries are able to develop the benefits of current technology. However, in receiving this technology they dont tolerate the growing pains associated with the development of these technologies. In developing countries, in that location is often a lack of money, which slows down the growth of internal companies and thus, employment. Globalization provides the opportunity for developing countries to earn money from exports. They dismiss invest the money they earn in goods, food, machinery,...If you want to take out a full essay, order it on our website: Ordercustompaper.com
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