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It doesn't. Globalisation is good for any countries economy.

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9y ago
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15y ago

By bringing wage reductions

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Q: How does globalization hurt the U.S economy?
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Related questions

Globalization of the economy has hurt which category of the us population?

Economy


How has globalization influenced migration?

Globalization influenced migration because of the culture and economy.


What are the Effects of globalization on Brazil economy?

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'Globalization and the future of the Indian economy'?

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What is the interdependence of the global economy generally called?

globalization


Which country's economy was not destroyed of world war 2?

WW2 not only didn't hurt the US's economy, it actually pulled us out of the Great Depression.


What are the Major interest groups in the world economy in globalization?

i think mulitinational companies and the nation of interest is a player in globalization


What does globalization mean to the US?

Globalization to the US refers to the interconnectedness of countries through trade, investment, technology, and cultural exchange. It allows American businesses to access new markets, goods, and services, but also poses challenges such as job displacement and economic competition. Overall, globalization has both benefits and drawbacks for the US economy and society.


What is the impact of globalization on developing countries?

Globalization helps developing countries by creating jobs, and sending money into the economy of that developing country.


What has changed in the past 20 years abut the economy?

Globalization and Interdependence


Which of these elements contributes toward globalization of the economy?

use of foreign labor


How was globalization and the American economy in the post cold war?

cold water