![]() ![]() Here are four ways that globalization has had a positive impact on the world economy:Įfficient markets should be what every economy strives for. Related: K-State promotes globalization by offering Swahili courses Though many Americans think of it as a dirty word, “globalization,” actually has been a catalyst for positive change as well. ![]() For many, it represents a threat to their jobs, livelihood and way of life. In the U.S., the term globalization often has negative connotations. In light of advanced technology, higher demands from markets and faster turnaround times, globalization has become a staple for world commerce. This saying has never been more true, and if trends continue to develop the way they are, the world may continue to shrink.
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