demerits of globalisation
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Disadvantages of Globalization: Developed countries can stifle development of undeveloped and under-developed countries. Economic depression in one country can trigger adverse reaction across the globe.It can increase spread of communicable diseases. Companies face much greater competition.
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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
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