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Globalization has both benefits and drawbacks from "summary" of How the World Really Works by Vaclav Smil
Globalization, as a multifaceted phenomenon, has brought about a range of advantages and disadvantages to societies across the globe. On the one hand, the interconnectedness facilitated by globalization has led to increased economic growth and prosperity in many parts of the world. The ability to access new markets, technologies, and resources has enabled businesses to expand their operations and reach a wider customer base, ultimately driving innovation and efficiency. Furthermore, globalization has allowed for the exchange of ideas, cultures, and values on a global scale. This has led to greater cultural awareness and understanding among people from different backgrounds, fostering tolerance and cooperation in an increasingly diverse world. The free flow of information and communication across borders has also facilitated international cooperation on various issues, such as climate change, public health, and human rights. However, alongside these benefits, glo...
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