How has globalization affected different world regions? What aresome of the benefits and costs of globalization for differentsectors of society (companies, workers, communities)?
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Globalisation is a wider term, it refers to bringing worldeconomies into a single roof. Globalisation brought a drasticchange and massive impact on every nations of the world. Itpromoted free trade among the countries, encouraged movement offactors of production from one country to another. Improvement ininfrastructure in many nations became possible due toglobalisation. More new products and services were exchangedthroughout the world making the life easier. Many big companiesgained lot of advantages due to economic imtegration of
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