1.How have Australians benefited from globalisation of economic activity?
Australians have benefited from Globalisation of Economic Activity in many ways. Firstly, this can create many jobs for people all around Australia. Secondly, it can benefit our economy with a rise in revenue. Thirdly, it can benefit citizens of Australia by providing different options for things such as food and necessary items. Without globalisation, we wouldn't import food and goods.
2.List some of the disadvantages of globalisation on the Australian community?
Less Australian made and produced items may not benefit the country. It could actually have a negative effect on unemployment. It can also have a bad effect on the economy.
Australians have benefited from Globalisation of Economic Activity in many ways. Firstly, this can create many jobs for people all around Australia. Secondly, it can benefit our economy with a rise in revenue. Thirdly, it can benefit citizens of Australia by providing different options for things such as food and necessary items. Without globalisation, we wouldn't import food and goods.
2.List some of the disadvantages of globalisation on the Australian community?
Less Australian made and produced items may not benefit the country. It could actually have a negative effect on unemployment. It can also have a bad effect on the economy.