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Why is globalisation bad for medcs?

Updated: 3/26/2022
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Q: Why is globalisation bad for medcs?
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Is globalisation bad?

globalisation loses people job


Why is globalisation good and why is globalisation bad?

Globalisation is good because it helps in every field whether it is economical,political,industrial or professional


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


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.


Why are new technologies available more in MEDCs than LEDCs?

Because MEDCs have more money to spend on these technologies.


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.


How has globalisation affected soverenignty?

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When did globalisation start?

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Is Argentina a medcs or ledcs country?

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What is the verb form of globalisation?

The verb of globalisation is globalise. As in "to globalise something".


What does globalisation mean for kids?

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