1. Increased cultural exchange: Globalization has led to greater cultural exchange between countries and regions, resulting in the sharing of ideas, beliefs, values, and practices. This has led to the enrichment of cultures and the development of a more interconnected and globalized world.
2. Economic interdependence: Globalization has increased economic interdependence between countries, with the flow of goods, services, and capital becoming more interconnected. This has led to greater economic growth and development, but also to vulnerabilities and challenges as countries become more reliant on each other for trade and investment.
What are two effects of globalization? Please explain each in a few sentences. (summarized pls)
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