Globalization refers to increasing economic interdependence/Business Economics
Globalization refers to the increasing economic interdependence of countries with trade, it also refers to a rise in cultural exchange. It also refers to knowledge, information, people, across international borders. Whether we like it or not just like technology, globalization is not going anywhere!
There are people that believe that globalization will save the world. That it will bring development to the world and fix 3rd world poverty.
On the other hand, there are people that regard it with hostility, even fear. They believe that it will increase inequality within and between nations, threaten employment and living standards and stop social progress.
Which side are you on? Explain in 3 paragraphs your stance on globalization.
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