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Q: What were some positive and negative effect of globalization during the Pursuit if Wealth?
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State two negitive effect of globalization?

One of the negative effects of globalization is that it increases energy consumption and increases environmental problems in the world. Another negative aspect of globalization is that it transfers wealth and jobs from developed nations to less developed ones. This reduces the buying power of developed nations.


What is the sanskrit word for wealth?

I dont know what wealth is but Artha is worldly wealth, or the pursuit of wealth. Hope this helped (:


What are the current trends in Globalization?

Global wealth is less evenly distributed. Due to globalization The wealth gap is growing larger Outsourcing is becoming more common


Is globalization helping the rich and poor divide?

generally yes it does, but it increases overall wealth


Who benefit from globalization?

Countries who want to improve their economy and aim for internal development can benefit from globalization. However, the wealth brought by globalization is not equally distributed and those who are rich gain that phenomenon and the poor actually lost.


Was Disney correct to give up his pursuit of art for the accumulation of wealth?

Yes.


Why are the majority of the worlds countries left or the margins of globalization?

The majority of the world's countries are left on the margins of globalization due to the lack of infrastructure and wealth. They are unable to compete in the global marketplace.


What are the positive values that you can learn from the negative events that happened last year?

The bad economy is making people realize that material wealth is not the most important thing in life.


What were the positive and negative effects of industrialization between 1890 and 1920?

Positive effects- it created jobs, it created wealth, and it produced better living Negative effects- living conditions were bad, workers got seriously injured/killed, cities became crowded, and some countries tried imperialism


What are three arguments against globalization?

One argument against globalization is that their is more disparity of wealth now. Other arguments against globalization are that the economics of other countries can affect America and countries can lose jobs when other countries will do the work for less.


How important is the internet is this age of globalization?

The internet has become very important in this age of globalization. The internet is has a wealth of information available. The internet has allowed people from across the globe to be able to communicate with each other. People use the internet daily to work and for education.


How important is the internet is the age globalization?

The internet has become very important in this age of globalization. The internet is has a wealth of information available. The internet has allowed people from across the globe to be able to communicate with each other. People use the internet daily to work and for education.