Question

Which are negative aspects of globalization? Check all that apply.
A) Countries become more dependent on each other for buying and selling manufactured goods.
b) Labor can be outsourced cheaply to other countries, which brings down production costs.
C) Countries can make the best use of resources by buying what they don’t have from other nations
D) Industries begin to compete to offer the best prices and increase demand.

Answer 1

Answer:

A) Countries become more dependent on each other for buying and selling manufactured goods

B) Labor can be outsourced cheaply to other countries, which brings down production costs

Explanation:

The globalization is process that has its positives an negatives. One negative is that the countries have become more dependent on each other for buying and selling manufactured goods. This makes a big problem as the countries become specialized for production of certain goods, so if there are any problems with the other countries, or sanctions imposed, the economy can easily crumble. The outsourcing of labor to other countries in also a negative. While this results in cheaper production and cheaper products, it also leads to exploatation of the labor force in the low developed and developing countries, as well as loss of jobs in the more developed countries.