what are the positive and negative effects of globalization to hopitality industry?
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effects of globalization in the philippines on politics
they liked to help them in agricultural advancesPositive:better infrastructure, increased communication with European countries, exchange of technologyNegative:prejudice, got rid of some Asian culture
There are a number of positive effects of globalization on Indian industries. There is increased market demand, more jobs have been created and more production is achieved among others.
a positive outcome, and a negative outcome
Negative externalities lead markets to produce a larger quantiy than is socially desirable. Positive externatlities lead markets to porduce a smaller quantity than is social desirable. To remedy the problem, the government can internalize the externality by taxing goods that have negative externalities and susidizing good that have positive externalities.