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Negative impact of globalisation?
Some theories argue that globalization has lead to slavery and child labor. Globalization has possibly assisted terrorist and criminals in their activities.
Why does globalization lead to a reduction in wages in developed countries?
Increased mobility allows producers to move jobs to lower-cost labor markets.
Why can globalization lead to radically unequal economic growth?
An unequal distribution of economic power
What is one of the negative side effects of globalization?
One negative side effect of globalization is the exacerbation of economic inequality. While globalization can lead to overall economic growth, the benefits are often unevenly distributed, favoring wealthier nations and individuals. This can result in job losses in certain industries, particularly in developed countries, as companies relocate to take advantage of cheaper labor in developing nations. Additionally, local cultures and economies may be undermined by the dominance of multinational corporations.
If the marginal product of labor starts being negative explain what must be done to lead to increasing returns?
A businesses can add more machinery to increase their marginal product of labor. With more machinery, employees will work the same number of hours, but produce more products.
Negative impact of globalisation?
Some theories argue that globalization has lead to slavery and child labor. Globalization has possibly assisted terrorist and criminals in their activities.
What lead to child labor?
abubakor in 6r
How might increasing globalization affect Quebec?
Increasing globalization can lead to greater competition for Quebec-based businesses, as well as increased access to international markets for their goods and services. It can also bring cultural diversity and new perspectives to Quebec, while potentially leading to challenges in preserving traditional Quebecois culture against outside influences. Additionally, globalization can impact the labor market in Quebec, with potential opportunities for skilled workers to find employment abroad or for foreign workers to come to Quebec for employment.
Why does globalization lead to a reduction in wages in developed countries?
Increased mobility allows producers to move jobs to lower-cost labor markets.
What is child labor or introduction of child labor?
hi child labour is not good beacouse childeren is our furture of lead....so they will educated...so they give me more knowleage.
How corruption is interconnected with child labor?
Corruption can lead to ineffective enforcement of child labor laws, creating an environment where exploitation of children for cheap labor can thrive. Corrupt officials may turn a blind eye to companies employing children in exchange for bribes, perpetuating the cycle of child labor. Additionally, corrupt practices can divert resources away from programs aimed at addressing child labor, further exacerbating the issue.
Why do globalization and increasing interdependence pose risks to the global economy?
Globalization and increasing interdependence can pose risks to the global economy by creating vulnerabilities to economic shocks and crises that can spread quickly across countries. This interconnectedness can lead to contagion effects, where problems in one part of the world can rapidly affect others. Additionally, unequal distribution of benefits from globalization can exacerbate income inequality and social tensions, potentially leading to political instability.
Effect of child labor on society?
Child labor has negative effects on society, including depriving children of their childhood, education, and future opportunities. It can also perpetuate cycles of poverty and exploitation within communities. Additionally, child labor can lead to lower productivity and undermine a country's overall development.
Why can globalization lead to radically unequal economic growth?
An unequal distribution of economic power
How family cause lead to child labor?
1. Poverty-. 2. Illiteracy-. 3. Lacking family bond-. 4. Unconscious parents about education
What has lead to the changes in China's economy?
only one child to educate feed. also government control of cheep labor and trade. to simple to explain.
If the marginal product of labor starts being negative explain what must be done to lead to increasing returns?
A businesses can add more machinery to increase their marginal product of labor. With more machinery, employees will work the same number of hours, but produce more products.
