What are some bad things about globalization?
Answers
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.
Hi there,
Globalization simply means opening trade for domestic Country.
Disadvantage Of Globalization:
1.Generally it's most good for rich country or counties which have good GDP rate,as they can gain more profit by exports.
2.Sometimes it only allows rich Countried to earn more profit as they can focus on export more.
3.Some countries are over dependent of other countries ,hence it's not good for a country cause it may led to huge loss if conflicts occur between two countries.
4.Imposing High taxes may also led to low profit of importing goods.
Hope this Help You :
Thank You :)