Countries and businesses must reduce wages paid to workers in order to attract foreign investment.
Depending on your point of view, one of the biggest disadvantages of globalization is that the rich get richer and the poor remain poor. If you're an investor, you'll love globalization. If you're a worker, you're not really going to benefit in any meaningful way.
Multinational corporations are legally bound to put profit for their shareholders above all else, including the environment and the welfare of human beings.I would recommend that you see the film "The corporation". In it, some disturbing parallels are drawn between the behaviour of corporate entities and the behaviour of psycopathic individuals.In court, a corparation has the same , if not more rights than an individual.They have a policy called "Externalization" , which ensures that the true costs of their activities are passed on to others.
It only benefits a handful of the world's countries.
Poor workers in developing countries may not share in economic gains (apex)
Increased economic activity has had a negative effect on the environment-Apex
It is the exact opposite of "The Positive Effect of the Power of Community".
Globalization hurts Kenyan agriculture
Globalization influenced migration because of the culture and economy.
The nation of India has a lot of globalization going on at the present time (fall of 2012).
disadvantage of papaya disadvantage of papaya
Globalization results in the loss of cultural uniqueness of individual cultures in lieu of the formation of a blended culture that is a result of the various component cultures. Globalization takes focus off of the individual culture and places it on the collective culture.
Local traditions decline are lost.
because it makes people lose their jobs :(
outsourcing replaces workers in developed nations with workers in developing nations
what is globalization? what are advantages and disadvantages of globalization? what is free trade
treads of globalization
tncs created globalization
Globalization
The antonym for globalization is localism.
The optimistic or pessimistic opinion on the effects of globalization.
challenge of globalization
Globalization has led to increased interactions among speakers of different languages, resulting in the exchange of pronunciation norms. This has caused languages to influence each other, leading to changes in pronunciation patterns in various languages. Additionally, the spread of media and technology has made it easier for different pronunciations to be heard and adopted by speakers worldwide.
True