What are the advantages of Globalisation?

Following are some of the advantages of Globalisation:

  1. Globalisation helps for free flow of capital from one country to other.
  2. Globalisation helps for flow of technology from advanced countries to developed countries.
  3. Free flow of capital along with technology enable the developing countries to boost up industrialization in their countries.
  4. Globalisation of production leads to spread up of manufacturing facilities in all the globe countries depending upon locational and various favourable production factors.
  5. Developing countries industrialise their economies leading to balanced development of all the countries.
  6. Products with high quality and lower price is available in the market due to globalization.
  7. There is increase in employment and income and high standard of Living.
  8. There is increase in the welfare of nations and prosperity of the world countries.

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