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economic globalization make world economic grow at a higher rate. how does economic growth rate made an impact in a countries belong to a third world like philippines​

Sagot :

Answer:

In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.

Explanation:

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