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Positive Impact Of Technology And Globalization On Canada's Economy

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Canada will experience significant democratic and political changes in the coming years. Technology and globalization are having both positive and negative effects on the Canadian economy. Research shows that 89% of people believe technology is helpful in the way we live, 76% believe it is good for their own financial security and 62% believe it has no impact on the economy. The majority of Canadians2/3believe that globalization has significantly improved people's living standards. However, there are still a small number of people who believe that globalization trends are detrimental to the health of my economy. Most people associated with the lower classes disagree with the claim that globalization is more beneficial to them than to other groups and generations. Technological advances and the future of business are intertwined; The internet and technological advances will help Canada's economy. Three out of four respondents believe that trade effects and globalization are having a positive impact on Canada's economy. Opinions on artificial intelligence and …show more content…

Extreme poverty has decreased by 35% since 1990. In addition, the goal of the development goals of the first millennium was to halve the poverty rate between 1990 and 2010. Since then, almost 1.1 billion people worldwide have fled into extreme poverty.
Access to new markets: Businesses in Australia are benefiting from globalization including new customers and various sources of income. Companies interested in these advantages are looking for flexible and innovative ways to expand their business abroad. International professional employers' organization making it easier than ever to hire workers in other countries quickly and compliantly. This means that many companies no longer have to set up a foreign company in order to expand

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