Please enable JavaScript.
Coggle requires JavaScript to display documents.
GLOBALIZATION - Coggle Diagram
GLOBALIZATION
INTERNATIONALIZATION
Internationalization is a corporate strategy that involves making products and services as adaptable as possible, so they can easily enter different national markets
-
POSITIVE IMPACT
SPREAD OF TECHNOLOGY
Many countries around the world remain constantly connected, so knowledge and technological advances travel quickly.
NEGATIVE IMPACT
UNEQUAL COMPETITION
Due to internationalization, all countries come to a single platform of business. As developing countries cannot compete with the developed ones, the growth and development of the developing nations get affected.
LIBERALIZATION
Liberalization helps in the growth of globalization by relaxing the rules and regulations for performing trade between countries. It allows more freedom and exposure to the countries and thereby promotes development of trade, technology and improving foreign investment.
-
POSITIVE IMPACT
IMPACT ON AGRICULTURE
Provides a huge change. Government's restrictions and interventions can be seen from the production to the distribution of the crops
NEGATIVE IMPACT
WEAKING OF THE ECONOMY
enormous restoration of the political power and economic power will lead to weakening the entire Indian economy.