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Wage reductions

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Kenyatta Baumbach

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Q: What has been the main draw back of globalization in the US?
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What has been the main drawback of globalization for the US?

Wage reductions


What has been the main benefit of globalization in the United states?

Economic Growth


What has been the main drawback of globalization for the United states?

Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.


What has been the main benefit of globalization for the?

While globalization has contributed to the reduction of overhead expenses for businesses, slightly improving growth, the drawback is that it causes increased unemployment in the US.


What has been the main benefit of globalization for the US?

While globalization has contributed to the reduction of overhead expenses for businesses, slightly improving growth, the drawback is that it causes increased unemployment in the US.


What has been the main benefit of globalization for the unites states?

While globalization has contributed to the reduction of overhead expenses for businesses, slightly improving growth, the drawback is that it causes increased unemployment in the US.


What has been the main benefits of globalization for the United states?

While globalization has contributed to the reduction of overhead expenses for businesses, slightly improving growth, the drawback is that it causes increased unemployment in the US.


What are the three major drivers of globalization?

Three of the major drivers of globalization include the market driver. Two other main drivers of globalization are the cost driver and the technological driver.


What were the main forces promoting globalization in the 20nth century?

Modern era globalization happened in the 19th and 20th centuries as a means for trade and to increase the economy. Globalization benefited a larger group of people and create jobs worldwide.


What are some of the drawbacks of globalization for the American economy?

One of the main drawbacks of globalization for the American economy is the claim that it makes the rich richer and the poor poorer. Also, it assumes that big business will act with less accountability.


What is the importance of trading and globaliztion?

The importance of trading and globalization is flows are the main elements of this integration. This is good for trading, financing and ideals.


What is the main idea behind globalization?

Globalization is a metaphor for making the world smaller. Intellectual and technological bridges span every corner of Earth, with interconnected economies, potential for rapid adaptation, and increased awareness of events occurring in other parts of the world.