Economy, asked by shivamdixit3245, 1 year ago

“There are many people who have not shared the benefits of Globalization”. Justify the statement with arguments.

Answers

Answered by farwa8
1

Globalization has abolished the boundaries among the countries. It has made countries able to accelerate the economic growth, bring new technological advancements etc. It offers multiple advantages, however it does offer some threats and challenges to the people specially to the developing countries.  

Due to globalization, the demarcation line between rich and poor is getting broader. It is worsening the labor work conditions, multinational companies are at bargaining side and due to labor surplus in developing countries, poop people have to work even at low wages.  


Answered by Anonymous
0

Answer:

Globalization has abolished the boundaries among the countries. It has made countries able to accelerate the economic growth, bring new technological advancements etc. It offers multiple advantages, however it does offer some threats and challenges to the people specially to the developing countries.  

Due to globalization, the demarcation line between rich and poor is getting broader. It is worsening the labor work conditions, multinational companies are at bargaining side and due to labor surplus in developing countries, poop people have to work even at low wages.  

Explanation:

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