what does the term “emerging markets mean?”
it means developing countries that are gaining rapid growth and quickly achieving the status of developed markets for example china and india.
advantages of emerging markets?
incoming companies brings investment and jobs to locals in developing countries
new idea spread quickly and easially around the world
disadvantages of globalisation?
poor working conditions
sweat shops
child labour
multi-nationals impose it’s idea’s and morals on to locals
jobs may be lost for developing countries.