Economy, asked by sunidhiks13, 1 year ago

What are the demerits of globalisation? Can I get the answers in 5 points for 5 marks please?

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Answered by Anonymous

1

Answer:

What are the essential demerits of Globalization?

1 . Exploitation of Underdeveloped Countries: ...

Increase in Unemployment: ...

Widening of Rich-poor Gap: ...

Harmful Effects of Consumerism: ...

Adverse Effects on Social Security and Social Welfare: ...

Harmful Effects on Small Industries and Small Business: ...

Cultural Homogenization: ...

Hostile to Humanism:

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