Question

Positive and negative impacts of globalisation on economic growth

Answer 1

Explanation:

Globalization has brought benefits in developed countries as well as negative effects. The positive effects include a number of factors which are education, trade, technology, competition, investments and capital flows, employment, culture and organization structure

Critics of globalisation include groups such as environmentalists , anti-poverty campaigners and trade unionists . Some of the negative impacts include: Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries.