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What is Impact of Globalization on Economy and Society about?

Globalization is a transformative process impacting society, politics, culture, and economy, driven by advancements in communication and technology. It promotes economic growth by enabling companies to expand internationally, offering consumers more choices at lower prices, but also leads to increased inequality and environmental challenges. To harness its benefits while mitigating drawbacks, nations must collaborate for sustainable and equitable development.

Author

Andrés Flores

Language

EN