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it makes led less developed and causes problems

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Q: How does globalisation affect people in ledcs?
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What are the advantages of globalisation for medc and ledcs?

One of the advantages of globalization is that there can be work outsourcing to developing countries. Labor and parts can be acquired at cheaper rates. However, one disadvantage is that it can lead LEDCs to risk its own natural resources like oil and rainforests just to supply for MEDCs.


Is globalisation bad?

globalisation loses people job


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How does globalisation affect Samoan culture?

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What are the components of globalisation?

Components of globalisation are as follows: 1. globalisation of market 2. globalisation of production 3. globalisation of technology 4. globalisation of investment


Why are there more people living in LEDCs than MEDCs?

becuase of eternity life


Does fair trade benefit retailers more than LEDCs?

why is fair trade good for LEDCs


How has globalisation affected soverenignty?

yes i think globalisation affected other$yes i think globalisation affected other$yes i think globalisation affected other$


When did globalisation start?

when did the globalisation begin? help pleaseee


How can globalization affect others in a negative way?

Globalisation is a complexest system of interwoven needs, and demands on resources, to meet the needs of people. These demands can have long lasting impacts on natural eco systems, and cut into cultural values. Since there are very few checks and balances in global markets, there may always be negative equity in market globalisation.


What can be done to make globalisation fairer?

To make globalisation fairer TNCs need to be less greedy and work with people like their workers, consumers and government. This would help by the TNCs realising how they influence countries and different people.


How did LEDCs get into debt with MEDCs?

ledcs ask medcs for money if they need it but over time, medcs charge more and more interest and so the ledcs can't pay it back. medcs also bargain for their resources so when the ledcs are left in debt, with no control over their resources, they end up in poverty.