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outsourcing replaces workers in developed nations with workers in developing nations
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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 primary advantages does globalization offer the people of developed nations?
Access to new markets and inexpensive labor. <----- correct novanet answer.
Why is an economic advantage for developed nation often a disadvantage for a developing nation?
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
What Globalization means that nations worldwide?
Globalization means that nations worldwide are integrating and interacting with regard to Economics, finances, trade, and communication.
Why economic advantage for a develop nation often a disadvantage for a developing nation?
An economic advantage for a developed nations sometimes allow them to exploit developing nations. For instance, more money and resources allow bigger nations to exploit labor in undeveloped nations.
In what way is globalization a disadvantaged for developed nations?
outsourcing replaces workers in developed nations with workers in developing nations
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.
How has globalization affected jobs in industrialized?
Many manufacturing jobs have moved to less developed nations.
In what way is globalization a disadvatage for developed nations?
Globalization means all countries depend on each other in one way or another. However, a breakdown in a system in a developing country is bound to affect already developed countries negatively.
What primary advantages does globalization offer the people of developed nations?
Access to new markets and inexpensive labor. <----- correct novanet answer.
Why is an economic advantage for a developed nation often a Disadvantage for developing nation?
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
Why is an economic advantage for developed nation often a disadvantage for a developing nation?
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
How does globalization lead to interdependance among nations?
Globalization leads to interdependence among nations because it brings some nations money and others are brought into poverty. Globalization is good and bad for any nation.
Globalization means that nations worldwide are what?
Globalization means that nations worldwide are integrating and interacting with regard to economics, finances, trade, and communication.
What Globalization means that nations worldwide?
Globalization means that nations worldwide are integrating and interacting with regard to Economics, finances, trade, and communication.
Why is an economic advantage for a development nation often disadvantage for developing nation?
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
Why economic advantage for a develop nation often a disadvantage for a developing nation?
An economic advantage for a developed nations sometimes allow them to exploit developing nations. For instance, more money and resources allow bigger nations to exploit labor in undeveloped nations.
