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  • AD IS PRESENTED AND MADE BY Dabur India Limited
  • Globalization!
  • Let me tell you...
  •  Mom 
  • What is "globalization"?
  • Globalization is the term used to describe the free and fast movement of people, ideas, capital, and resources between countries.
  • Not exactly...
  • Sounds cool!
  • Some of the pros of globalization are: it increases standards of living, spreads consumer products, and gives access to newer markets. 
  • Some of the cons of globalization are: it causes some environmental problems, diseases are being spread faster, and there's unemployment in the older industrialized nations - jobs are being moved to newer nations because companies are allowed to pay workers less.
  • Job displacement is quite large in globalization.
  • Unfortunately it isn't.
  • So, globalization isn't all good?
  • Exactly!
  • :)
  •  Mom 
  • I understand now. Globalization has both good aspects and bad aspects!
  • Thanks for explaining this, mom.
  • Although there are pros of globalization, there are also cons.
  • Learn more about globalization at www.usnews.com!
  • AD IS PRESENTED AND MADE BY Dabur India Limited
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