What are the negative impact of globalization?
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Negative impacts of globalisation. Critics include groups such as environmentalists, anti-poverty campaigners and trade unionists. Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries.
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43
Negative impact of Globalisation:
1. It become a major threat to small producers as they were not able to compete with the international products.
2. Led to workers jobless as because of the shut down of domestic industries.
3. Make the situation of domestic inhabitants worsen as they push industries to make themselves disobey the organised sector laws.
4. It also led to the decline in growth of agriculture as it makes the import at cheaper rates.
^_^ Hope this Helps !!!
1. It become a major threat to small producers as they were not able to compete with the international products.
2. Led to workers jobless as because of the shut down of domestic industries.
3. Make the situation of domestic inhabitants worsen as they push industries to make themselves disobey the organised sector laws.
4. It also led to the decline in growth of agriculture as it makes the import at cheaper rates.
^_^ Hope this Helps !!!
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