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Developing countries can resist globalization by prioritizing local industries and implementing protective trade policies, such as tariffs and import quotas, to shield domestic businesses from foreign competition. They can also promote cultural preservation and traditional practices to maintain their identity in the face of global influences. Additionally, fostering regional partnerships and cooperation can help bolster economic resilience while reducing dependency on global markets. Finally, investing in education and technology can empower local populations to innovate and create self-sustaining economies.

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What types of business found in developing countries?

The types of businesses found in developing countries are ones that could help the economy. Tourism, alternative energy, and importing/exporting are popular business areas.


What are some merits and demerits of globalization?

A negative effect of globalization is that immigrants may be blamed during hard economic times. In the 2014 elections, many far right parties were elected to the EU.


What would it take for the Philippines to be a developed Country?

For me it's understanding and cooperation.... so that every filipino could achieve such progress in one and direct goal.


How was the recession that began in 2008 an example of globalization?

The 2008 recession exemplified globalization through the interconnectedness of global financial markets, where the collapse of major U.S. financial institutions due to subprime mortgage failures triggered a worldwide economic downturn. Financial products and risks were widely distributed across countries, leading to a rapid contagion effect as banks and economies around the world faced significant losses. Additionally, the recession highlighted how global trade and investment flows could amplify local crises, affecting employment and economic stability in both developed and developing nations. This interconnectedness underscored the vulnerabilities inherent in a globalized economy.


What is globalization of production?

It could mean spreading your manufacturing capabilities throughout the world or it could mean spreading your final product throughout the world.

Related Questions

How could you use globalization in a sentence?

Some people think globalization is good, but others oppose it. Globalization is a process of interaction and integration among the people, companies, and governments of different nations.


What is a good sentence using globalization?

A good sentenced for globalization could be( i used other tense though) : United States and China globalize to produce many things.


What types of business found in developing countries?

The types of businesses found in developing countries are ones that could help the economy. Tourism, alternative energy, and importing/exporting are popular business areas.


What does McDonald's have to do with globalization?

due to globalization. mcdonalds could go beyond the boundaries of usa.


A student is writing an explanatory essay describing the idea of globalization. Which of the following statements could the student use as a thesis for this essay?

"Globalization is the process of increasing interconnectedness and interdependence among countries around the world, encompassing economic, cultural, and political exchange."


How could the forces of globalization help stop slavery?

The forces of globalization are the CAUSE OF SLAVERY. Wake up doofus!


Could Pennsylvania resist a flood?

if they wanted to


What is in unsanitary water in developing countries?

It could contain a number of things that are harmful to people - including faeces, bacteria, insect eggs, chemicals etc.


What is a good sentence Globalization?

A good sentenced for globalization could be( i used other tense though) : United States and China globalize to produce many things.


What is one way you could use fugitive and resist together in a sentence?

The fugitive planned to resist arrest regardless of the consequences.


What is the island that no man can resist in the Oddysey?

It wasn't an island no man could resist it was the sweet song of the sirens. Unless you're talking about the Island of the Lotus Eaters men couldn't resist.


Is globalization a dirty word?

NO. It isn't a dirty word??? how could that even be thought of as one.