negative impacts on globalization
Answers
Answered by
2
......Now get your brainliest answer.....
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the point that the world is finite. We don’t have infinite resources, or unlimited ability to handle excess pollution. So we are setting up a “solution” that is at best temporary.
Economists also tend to look at results too narrowly–from the point of view of a business that can expand, or a worker who has plenty of money, even though these users are not typical. In real life, businesses are facing increased competition, and the worker may be laid off because of greater competition.
The following is a list of reasons why globalization is not living up to what was promised, and is, in fact, a very major problem
...... Thanks be always brainliest....
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the point that the world is finite. We don’t have infinite resources, or unlimited ability to handle excess pollution. So we are setting up a “solution” that is at best temporary.
Economists also tend to look at results too narrowly–from the point of view of a business that can expand, or a worker who has plenty of money, even though these users are not typical. In real life, businesses are facing increased competition, and the worker may be laid off because of greater competition.
The following is a list of reasons why globalization is not living up to what was promised, and is, in fact, a very major problem
...... Thanks be always brainliest....
Answered by
2
Hey mate this is ur ans:
In short, it refers to the economic growth of world trade and investment. Outsourcing services, decrease in wages, workers' rights and interdependent economy are some of the negative effects of globalization on companies
In short, it refers to the economic growth of world trade and investment. Outsourcing services, decrease in wages, workers' rights and interdependent economy are some of the negative effects of globalization on companies
Similar questions