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Yes and no. Globalization can create employment in developing nations providing more pay and a higher standard of living than previously existed. On the other hand, the low wages and lack of benefits paid to those workers can dramatically increase profits for the owners of capital and factories leading to a wider gap between their wealth and the wealth of workers.
Wiki User
∙ 16y ago
Wiki User
∙ 14y agoBecause those withe the money and power are better at hanging on to it then are those that have no money or power aren't getting more of it.
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To what extent does globalization contribute to sustainable prosperity for all people?
Globalization helps businesses increase their workload which means more widespread profits. When more economies prosper, the individual people in those economies tend to prosper.
How has globalization affected Kenya?
Globalization hurts Kenyan agriculture
How has globalization influenced migration?
Globalization influenced migration because of the culture and economy.
Where is globalization now?
The nation of India has a lot of globalization going on at the present time (fall of 2012).
What has led to increased globalization?
Because terrorist attacks are meant to be messages but the media does not report these messages to the public. We do not know what they are trying to tell us so we keep doing what they don't want us to do and they get even more angry.
Why has globalization contributed to the rise of intentional terrorism?
Globalization can bring about dislocation and inequality.
What has the author Thomas Harjes written?
Thomas Harjes has written Globalization and income inequality.
What has the author Ulrike Schuerkens written?
Ulrike Schuerkens has written: 'Global Forces and Local Life-Worlds' 'Globalization and transformations of social inequality' -- subject(s): Globalization, Case studies, Equality
What processes resulted from the growth of manufacturing during the Industrial Revolution?
INCREASE IN INEQUALITY OF SOCIAL CLASSES got it correct on apex
Is fair trade an example of globalization?
Globiliza can increase the risk of a pandemic because it
Two factors that make it difficult for people to retain a sense of nationalism are?
globalization & Immigration
What is the increase in conncetions between cultures around the world called?
Globalization
Globalization has led to a rapid increase in what?
Population density
The process of globalization involves an increase in what?
The mobility of goods, services, labor, and capital
What is the difference between globalization and globalism?
Globalism is the idea of events in one country that cannot be separated from those in another. Globalization is the increase of trade around the world.
What has the author Gerard A Postiglione written?
Gerard A. Postiglione is an expert on education in China and has written extensively on topics such as education reform, inequality, and globalization in Chinese education. Some of his notable works include "Education and Social Change in China" and "Globalization, the Chinese Middle-class, and Educational Inequality."
What were the main forces promoting globalization in the 20nth century?
Modern era globalization happened in the 19th and 20th centuries as a means for trade and to increase the economy. Globalization benefited a larger group of people and create jobs worldwide.
