answersLogoWhite

0

Globalization links all countries in one way or another. It is therefore true that a breakdown in production or service delivery in one country may negatively impact the global economy. Insecurity is also an issue of global concern since people move from one country to another frequently.

User Avatar

Wiki User

7y ago

What else can I help you with?

Related Questions

Increasing specialization within the global economy depends in what?

International trade Apx


Increasing specialization within the global economy depends on what?

International Trade


How responsible leadership can make a difference in shaping a new narrative for migration integration and mobility in the global economy?

to to UNAOC


What is global restructuring?

Global restructuring leading to the integration of developing countries into the global economy can lead to increased inequality and poverty in these countries. Western subsidies and protectionism, combined with unequal trade relations within the global economy have undermined the prices of agricultural produce. In Mexico, forexample, this has led to a wave of cheap, subsidised US maize flooding the domestic market, making it impossible for Mexican subsistence farmers to compete, and increasing flows of emigration from rural areas. At the same time, processes of global restructuring have led to increasing pressure on labour to become more mobile and flexible, which has resulted in growing migration flows worldwide.


How can we prevent golf from affecting the economy?

Increased Golf Participation will actually benefit the global economy. A Healthy Golf Economy Leads to a Healthy Global Economy. It would be the best possible solution to inact a program that makes golf increasing popular and available to all people.


Why do globalization and increasing independence pose risk to the global economy?

Globalization and increasing interdependence can pose risks to the global economy by amplifying the spread of financial crises and economic shocks across interconnected markets. When one country's economy falters, the ripple effects can quickly destabilize others, leading to widespread downturns. Additionally, reliance on global supply chains can result in vulnerabilities; disruptions in one region, such as natural disasters or geopolitical tensions, can halt production and impact economies worldwide. This interconnectedness can also create challenges in implementing effective regulatory measures, as actions in one nation can have unforeseen consequences elsewhere.


How does airline pilots contribute to the society?

Pilots contribute to the society by helping to build the economy through the movement of resources from one country to another and bring about global integration.


What does global warming have to do with increasing hurricanes of greater and greater force?

One of the predicted consequences of global warming is that "weather events" such as storms, hurricanes, droughts, floods, etc, will become "more frequent and more severe."


What are the factors that led to the development and growth of tourism industry worldwide?

Advances in modes of travel and in communication led to growth of the tourism industry. Integration of the global economy was also a factor.


Is the Economy Improving?

The economy is showing signs of improvement with increasing job growth and rising consumer spending. However, uncertainties such as inflation and global supply chain disruptions continue to pose challenges to sustained growth.


What is the significance of global economy?

Its Global.


What are some economic consequences of illegal drug use?

Tendency to create complex packages of derivatives backed up by faulty mortgages that crash the global economy.