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What is the affect that globalization has had on the majority of the worlds underdeveloped countries?
Wiki User
∙ 9y ago
Globalization has brought even more widespread squalor and exploitation of underdeveloped countries. Now, instead of a local person oppressing, it is a faceless foreign corporation or government, which you can do nothing about.
Wiki User
∙ 9y ago
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What are the external factors of the development crisis?
The external factors that affect developmental crisis, are ones like banking contributions, and problems with the overall functionality of the development. This can be true for underdeveloped countries as well.
How does globalization affect musical?
it afeects it because it makes people want to have alot of anal sex!
How will globalization affect the resilience and adaptabilty of Indian culture?
check out what thomas friedman has to say about it on You Tube.
How does globalization affect the labor market?
With the advent of globalization, countries who are in disadvantageous position, are rushing to markets where cheap labor is available, to have their products competitive. Even President Barrack Obama had to warn the U.S. Companies against their business process outsourcing to India, to get rid of high labor cost in U.S. and threatened to impose tax on them. Thus, in globalization only the cost factor is primary and the plight of labor force whether domestic or in alien country is secondary.
How does globalization affect the gross domestic product?
Generally, globalization implies increasing trade, lowering tariffs, higher technology, and increasing economic integration. All of these factors have been empirically linked to higher economic growth, so GDP will, in a normal sample, be higher than if globalization didn't exist. However, just like many economic activities benefit society or many people, there are often 'losers' from economic changes. Globalization will negatively impact some groups of people and systems, but it will increase the GDP of all countries and their societies.
How does globalization affect your daily life?
how the globalization and internet affect your daily life
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 are three arguments against globalization?
One argument against globalization is that their is more disparity of wealth now. Other arguments against globalization are that the economics of other countries can affect America and countries can lose jobs when other countries will do the work for less.
How does globalization affect snowboarding?
Globalization would result in the consolidation of all companies and countries into one. All rules and regulations regarding snowboarding (or anything else) would be the same worldwide.
What factors affect the globalization of an business?
Various factors can affect the globalization of a business. For example, cultural factors may affect how viable a product is in a certain location.
What are the external factors of the development crisis?
The external factors that affect developmental crisis, are ones like banking contributions, and problems with the overall functionality of the development. This can be true for underdeveloped countries as well.
How did the airplane affect globalization?
by sending over gooods
How does globalization affect marketing activities?
development of machine
How did the establishment of Jamestown effect globalization?
It didn't affect globalization . The idea of globalization is a modern one and in 1604 when the 104 men landed in Virigina there truly was no such thing.
What are the primary component og globalization that affect how the practice of medicine takes place in the US?
What are the primary components of globalization that affect how the practice of medicine takes place in the U.S
How might increasing globalization affect Quebec?
Aboolutely nothingt
How are the legacies of historical globalization continuing to affect the Ainu people?
its not
