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Globalization

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Globalization
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  • Globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods
  • Globalization increases the need for efficient supply chains where all modes of transportation are reliable and roads or highway segments plays an important role in providing better domestic and internal market access
  • Computers have dramatically increased access to information around the world. With a computer and an Internet connection
  • Globalization changed our way of communication. Connecting with people on the other side of the world is now much easier than it was a few years ago
  • Well-developed infrastructure not only reduces the distance between regions but also integrates national markets and connects them at low costs to other economies
  • Globalization is strengthening the role that politics will play in war by affording it the capability to exert greater real-time control over military operations. Globalization is also making the element of hostility more critica
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