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- disadvantage of globalization (1)
- Effects of Globalization On Industry (1)
- Effects Of Globalization On International Economics (1)
- Globalization effects on politics (1)
- Inequality Due To Globalization (1)
- negative aspect of globalization (1)
- problems for local markets (1)
- Threats for european employees of losing their jobs (1)
Mar
9
2010
post no 4
Globalization is leading us to all having one culture, economy and everything. Thats bad because if it works people will be the same everywhere and everyone prespective on certain issues will get closer and closer.
The problem of globalization is that where countries have tariff protections it make it more difficult for other countries to enter the market. there is also the problem of countries where wages are low and there are no safety standards flooding a market with cheap goods and damaging local markets and industries. there is a risk of traditional skills being lost as there is no demand for local goods, but there are no alternative jobs available and the local economy suffers alot.
The problem of globalization is that where countries have tariff protections it make it more difficult for other countries to enter the market. there is also the problem of countries where wages are low and there are no safety standards flooding a market with cheap goods and damaging local markets and industries. there is a risk of traditional skills being lost as there is no demand for local goods, but there are no alternative jobs available and the local economy suffers alot.
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