Question

advantage and disadvantaged of globalization ​

Answer 1

List of the Disadvantages of Globalization

Globalization may encourage more offshoring instead of less. ...

Globalization benefits the wealthy more than the poor. ...

Globalization would encourage disease transfer. ...

Globalization could reduce social safety net programs. ...

Globalization would create a new system of politics.

Answer 2

Answer:

Following are the advantage of globalization :

• Globalization allows us to pool all our resources together.
• It would also reduce labor exploitation issues.
• It reduces the prospects of tyranny.
• It improves communication access.
• It would remove tax havens for wealthy individuals and businesses.
• It would help the developing world progress faster.
• It would reduce currency manipulation problems.
• It encourages free trade.
• It could create more employment opportunities.

Following are the disadvantage of globalization :

• Globalization may encourage more offshoring instead of less.
• It benefits the wealthy more than the poor.
• It would encourage disease transfer.
• It could reduce social safety net programs.
• It would create a new system of politics.
• would not prevent resource consumption.
• It would make it easier for people to cheat.
• It doesn’t fix a lack of skills.
• It changes how humans would identify themselves.
• It would negatively impact the environment.

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