drag each label to the correct category. decide whether each item is a benefit or cost of economic…

drag each label to the correct category. decide whether each item is a benefit or cost of economic globalization. access to a larger market loss of jobs in developed countries depletion of natural resources increase in production of goods benefit disadvantage

drag each label to the correct category. decide whether each item is a benefit or cost of economic globalization. access to a larger market loss of jobs in developed countries depletion of natural resources increase in production of goods benefit disadvantage

Answer

Brief Explanations:

Access to a larger market allows businesses to sell more, which is a benefit. Loss of jobs in developed countries occurs as production may shift to cheaper - labor regions, a cost. Depletion of natural resources can happen due to increased global production and consumption, a cost. Increase in production of goods can lead to more economic activity and wealth creation, a benefit.

Answer:

Benefit: access to a larger market, increase in production of goods Disadvantage: loss of jobs in developed countries, depletion of natural resources