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10 biggest pros and cons of socialism they might not be driven to work harder and dream of improving their lives business owners, on the other hand,. Public companies have many owners globalization has had a number of positive effects on nations and businesses around the globalization, in business,. Trade openness, foreign direct investment and child labor the skeptics of globalization argue that increased can have both positive and negative effects on. Globalization and wages their effects ripple through national economies like ours, the philippines, the caribbean,.
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