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Globalization in long term will cause more harm than good in view of job losses?
Wiki User
∙ 12y ago
Globalization brings the world closer in terms of culture and economy. In recent days we have witnessed both the pros and cons of globalization. It had brought opportunities in terms of better income and employment in sectors like Information Technology to countries like India, China etc, at the same time outsourcing is seen as a cause of job loss in US. Just few years back the global economic meltdown had caused recession in economic activities across the world which has been closely knitted by globalization.
Despite all these I feel globalization in long term will be beneficial to the world because though it might create job loss in some particular sector in some countries, overall it brings better business opportunities, smoother international economic activities and bigger unexplored global market thereby creating more jobs than before across the world benefiting all the countries.
Wiki User
∙ 12y ago
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How does globalization hurt the United States economy?
It is foretold in the Bible that it will happen, and it will harm the world. Everyone will be under one leader,which will be very antiChrist, and have to answer to him. So for all the individualists that discount Jesus as Savior because you want to be an individual, you will certainly not be when globalization is in effect.in other words it'll harm us
Does open economy do more harm than good?
It does more good because consumers are able to purchase more goods and services outside the production possibility boundary and producers can sell goods and services to other economies.
Tourists use of natural resources?
May cause littering and pollution :)
What is primary appraisal?
Motivtional Relevance Harm, threat, and challange
What is the significance of globalization?
"Global sourcing is designed to reduce costs and increase efficiency by buying products and services all over the world. Sometimes it can save money, other times it reduces service quality and increases transportation costs so the saving are not significant."
What does beneficence nonmaleficence mean?
to do good for the person and to not cause harm
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they do not do any good
Is having a balloon fetish good?
As long as it does not cause harm, its all fine
Is 'semen' good to swallow?
It is nothing more than protein. It will not cause you harm.
Do fast food restaurants do more harm then good?
my it would seem that fast food does do more harm than good. because it could cause some deises
What is good about viruses?
Nothing. They cause harm to the victim, and people perform illegal actions with them.
Can technology change natural processes cause more harm than good?
bob
Do mobs cause more harm then good?
Mobs are not at all good, as they can go out of hand and it will soon end in a riot.
Can vuze exe cause harm to a computer?
No, vuze exe can not cause harm to a computer.
What harm can drug use cause to a community?
what harm can drug use cause to the community
Is listening to music and reading at the same time not good?
Yes its fine it will cause you know harm whatsoever.
Do natural resources create harm to the environment?
Natural resources are things like wood,fossil fuels,metal etc. if it is used in some ways like burning it then yes, it can cause harm to the environment, but if is let on its own then no, it doesn't cause any harm.
