10/25/2023 0 Comments Impacts of globalization on economy![]() ![]() economy was the growth of multi-national corporations. The first of the three effects of globalization on the U.S. ![]() In politics scope, globalization has had many negative and positive consequences such as increase power and liberty of nations, groups and nongovernmental parties, expand of new political culture, weaken and washy of the role and hegemony of states in illegitimate controlling of nations, change and redefinition of … How has globalization affected the American economy? Which is considered a political impact of globalization? While globalization has radically increased incomes and economic growth in developing countries and lowered consumer prices in developed countries, it also changes the power balance between developing and developed countries and affects the culture of each affected country. What are the economic impacts of globalization?
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