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What Are the Advantages and Disadvantages of Globalisation

Answer: Globalization Benefits: 

  • Globalization helps pool all resources. 
  • Globalization helps the development of developing countries. 
  • Globalization promotes free trade between nations. 
  • Globalization creates more employment opportunities 

 Disadvantages of Globalization: 

  • Inexpensive labor is available in other countries, which can lead to outsourcing of work from home. 
  • It will benefit the rich more than the poor. 
  • This leads to increased greenhouse gas emissions that have a direct impact on the environment.