Negative Effects Of Globalization

First thanks to all those who comment on my blog.

United state of america is the first country to protest against the negative effects of globalization in 1999. This protest was made by the labours because of the cheaper import from india, china and pakistan.

The main effect of globalization is the shirking of world. A business in india can have just as much influence on your business as a business across the street. Since that business in india will pay different taxes and is subject to different laws and has different cost you might be at an extreme disadvantage when attempting to compete with this business. the eventually impact of globalization
could be very positive or very negative depending on your viewpoint...