Question

Using the information found in the Newsela article, explain the positive and negative effects of globalization has, or could have, on various nations. Please use complete sentences when answering as well as supporting points from the article to help explain your answers.

Answer 1

Answer:

Negative Effects

• An increase in hidden unemployment, a lack of new job openings, and a deterioration of real wage rates are the consequences of globalization in most developing economies, which were unable to adapt the new technologies.
• Globalization is the connection of different parts of the world. The term is most often used in relation to economy and economics. The economy is the level of business activity, availability of jobs and money and wealth are produced and used.

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