Globalization has been shown to increase the standard of living in developing countries, changes the way nations, businesses and people interact and allows companies to find lower-cost ways to produce their products.
Developing countries have both a growing economy and a growing consuming population, while developed countries are mostly replacement economies.
Developing economies and emerging markets are expected to continue growing relatively fast, given their increasing labour force and expanding markets potential, versus the advanced economies, which are mostly replacement markets.
Yes
Explanation:
Globalization has been shown to increase the standard of living in developing countries, changes the way nations, businesses and people interact and allows companies to find lower-cost ways to produce their products.
balintawak, caloocan
Developing countries have both a growing economy and a growing consuming population, while developed countries are mostly replacement economies.
Developing economies and emerging markets are expected to continue growing relatively fast, given their increasing labour force and expanding markets potential, versus the advanced economies, which are mostly replacement markets.
Explanation:
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