One major problem that has resulted from globalization in the 20th and 21st century is that
the diseases are able to spread around the world more quickly
. Globalization has reached a point that the problems of one country are likely to affect the whole world since the world is nowadays like a global village.
What is a major problem with globalization?
Globalization makes it virtually impossible for regulators in one country to foresee the worldwide implications of their actions. Actions which would seem to reduce emissions for an individual country may indirectly encourage world trade, ramp up manufacturing in coal-producing areas, and
increase emissions over all
.
How did globalization affect the 20th century?
The global trade in the 20th century shows a
higher share of trade in merchant production
, a growth of the trade in services and the rise of production and trade by multinational firms. The production of merchant goods in the 20th century largely decreased from the levels seen in the 19th century.
What is one problem created by globalization?
Globalization has led to
exploitation of labor
. Prisoners and child workers are used to work in inhumane conditions. Safety standards are ignored to produce cheap goods. There is also an increase in human trafficking.
Which situation most likely resulted from the growth of globalization in the 20th and 21st century?
Answer. The situation which rose because of the growth of globalisation in the 20th and 21st century is
the mixture of cross national cultures
.
Why did globalization expand at the end of the 20th century?
The availability of high skill laborers at a low cost
has increased the rate of globalization in the 20th and 21st centuries because multinational corporations find it beneficial to hire workers at the lowest cost and people with skills and education in less developed countries want jobs that will bring them more …
Can globalization be traced back?
Globalization as used by different economists and social scientists can be traced
back in 1960s
and has inspired diverse and numerous definitions and understanding.
Why globalization is a huge problem?
Globalization makes
it virtually impossible for regulators in one country
to foresee the worldwide implications of their actions. Actions which would seem to reduce emissions for an individual country may indirectly encourage world trade, ramp up manufacturing in coal-producing areas, and increase emissions over all.
What is a major benefit of globalization?
Globalization
allows companies to find lower-cost ways to produce their products
. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.
What are the positive and negative effects of globalization?
Some argue that globalization is a positive development as it will give rise to new industries and more jobs in developing countries. Others say globalization is
negative in that it will force poorer countries of the world to do whatever the big developed countries tell them to do
.
What are 3 negative effects of globalization?
It has had a few adverse effects on developed countries. Some adverse consequences of globalization include
terrorism, job insecurity, currency fluctuation, and price instability
.
How does globalization affect your life?
In many instances, quality of life has improved for those who live in developing nations. For many developing nations, globalization has led to an
improvement in standard of living through improved roads and transportation, improved health care, and improved education due to the global expansion of
corporations.
What are effects of globalization?
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that
it promotes and increases interactions between different regions and populations around the globe
.
Which development has most influenced the spread of globalization in the 20th century?
The development and enhancement of internet. Hence,
the advancements in transportation and communication technology
has most influenced the spread of globalization in the 20th and 21st centuries.
What is one major problem that has resulted from globalization in the 20th and 21st century apex?
One major problem that has resulted from globalization in the 20th and 21st century is that
the diseases are able to spread around the world more quickly
. Globalization has reached a point that the problems of one country are likely to affect the whole world since the world is nowadays like a global village.
Which statement best defines the term globalization?
Globalisation is the process of interaction and integration among people,companies and the government. G globalisation
has grown due to advances in transportation and communication technology
.
