Explain the concept of globalization. Emphasize any four effects of globalization on the Ghanaian economy.
Answer (2)
Globalization refers to the interconnectedness of economies and cultures, significantly impacting the Ghanaian economy. Key effects include increased trade opportunities, foreign direct investment, access to technology, and cultural exchange. These factors contribute to economic growth and societal changes in Ghana.
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Globalization is the process of interconnectedness across economies and cultures, significantly affecting the Ghanaian economy through increased trade opportunities, foreign direct investment, access to technology, and cultural exchange. ;
