Answered

Pretest: A Changing Globe

Economic Globalization: Mastery Test

Drag each label to the correct category.

Decide whether each item is a benefit or cost of economic globalization.

Benefits:
- access to a larger market
- increase in production of goods

Disadvantages:
- loss of jobs in developed countries
- depletion of natural resources

Reset | Next



Answer :

GinnyAnswer

Final answer:

Globalization involves benefits and costs in economic terms.


Explanation:

Globalization refers to the integration of governments, cultures, and financial markets through international trade. When considering economic globalization, there are benefits such as access to a larger market and an increase in production of goods. On the other hand, there are costs like loss of jobs in developed countries and the depletion of natural resources.


Learn more about Economic Globalization here:

https://brainly.com/question/34904366


Other Questions