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↪ Globalization is when some businesses (TNCs) locate in other countries across the world
↪ This may benefit some countries because if a TNC wants to locate in your country they most likely have to be educated/relatively developed and in most cases English speaking
↪ Some parts of countries that experience inequalities may also not be benefited by globalization
↪ Globalization highers the GDP of an area which makes that area more developed
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Answer:
Globalization is discussed below.
Explanation:
- Globalization is the free flow of goods, people, cultures, Ideas, and Creations across the Globe is known as Globalization.
- Globalization Increased after the post era of the Industrial revolution when European countries acquiring more world resources for Raw material for their factories at home.
- That is the reason why only a few countries are benefited by the Globalization because already European countries captured the world resources by the policy of colonization.