Negative impacts of Globalization.
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Some negative impacts of Globalization are:-
1.)Small businesses suffer as they can not cope up with the increased competition from the global market.
2.)As the economies of various countries are connected with each other, an economic instability in one country can have a negative impact on the economies of other countries.
3.)Globalization increases the gap between the developed and the developing countries.
4.)People of under-developed and developing countries loose their seperate cultural identities to the culture of the powerful nations.
I don't know more.....Sorry....
1.)Small businesses suffer as they can not cope up with the increased competition from the global market.
2.)As the economies of various countries are connected with each other, an economic instability in one country can have a negative impact on the economies of other countries.
3.)Globalization increases the gap between the developed and the developing countries.
4.)People of under-developed and developing countries loose their seperate cultural identities to the culture of the powerful nations.
I don't know more.....Sorry....
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