Explain any three benefits of globalisation with examples.

1.	Explain any three benefits of globalisation with examples.
Answer» Economic benefits : • It involves greater economic flows among various countries. • It has enhanced trade in commodities among countries. • The restrictions on the imports and movement of capital have also been reduced. • This has spread internet and computer related services across national boundaries. Technological benefits : Technical equipments as telephone, internet, telephone and microchip have contributed to globalisation by exchanging ideas, capitals and people to make convenient to move from one place to another at a fast pace to stimulate the process of globalisation. Political benefits : • The primary status remains unchallenged on the basis of political community. • To some extent developing countries have received a boost to become more powerful and strong.

Answer»

Economic benefits :

• It involves greater economic flows among various countries.

• It has enhanced trade in commodities among countries.

• The restrictions on the imports and movement of capital have also been reduced.

• This has spread internet and computer related services across national boundaries.

Technological benefits :

Technical equipments as telephone, internet, telephone and microchip have contributed to globalisation by exchanging ideas, capitals and people to make convenient to move from one place to another at a fast pace to stimulate the process of globalisation.

Political benefits :

• The primary status remains unchallenged on the basis of political community.

• To some extent developing countries have received a boost to become more powerful and strong.

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