Question

how can you make the negative effects of globalization into positive one?

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Answer 1

Answer:

Explanation:

Some argue that globalization is a positive development as it will give rise to new industries and more jobs in developing countries. Others say globalization is negative in that it will force poorer countries of the world to do whatever the big developed countries tell them to do.

Answer 2

Answer:

Some claim that globalisation has spread the wealth and raised living standards in NICs like India and China. Others argue that it is creating an unjust world in which wealthy nations exploit the world's poorest people, widening the development gap.

Explanation:

• Businesses get a competitive edge as a result of globalisation since it allows them to access low-cost raw resources.
• As a result of globalisation, poorer countries can profit from cheaper labour costs while utilising the technical abilities and knowledge of more established economies.
• Consumers benefit as well. In general, globalisation lowers production costs.
• This allows businesses to sell goods to customers at a lesser cost.
• The average cost of things is an important factor that leads to rising living standards.
• Consumers can also choose from a greater range of products.
• This may contribute to better health by allowing for a more diversified and healthier diet in some circumstances, but it is also blamed for increases in bad food intake and diabetes in others.

Hence, the negative effects of globalisation can be considered positive effects. It depends on the country and people.

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