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the process by which investment in a nation's manufacturing capacity decreases, often devastating economies of many communities, is known as

Sagot :

The process by which investment in a nation's manufacturing capacity decreases, often devastating economies of many communities, is known as Globalization.

Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale.

The growing interdependence of the world's economies, culture and population brought about by cross-border trade in goods and services, technology and flows of investment, people and information.

In Globalization decrease the cost of manufacturing. This means that companies can offer goods at a lower price to consumers.

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