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What are the advantages and disadvantages of globalization

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What are the advantages and disadvantages of globalizationThe advantages of globalization
* development of interpersonal contacts
* development of interstate relations
* integration activities
* spreading of new technologies
* improvement of social conditions

  disadvantages of globalization
* Fixing the economic differences between the rich North and the poor South * gradual disappearance of cultural differences
* fading tradition


But you can actually go into bigger detail and then you find some more features which kind of are incorporated in the listed ones. Makes sense?
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