Positive And Negative Effects Of Globalization

649 Words 3 Pages
Register to read the introduction… In many poorer nations globalization is actually the result of the foreign businesses investing in the country to take advantage of the lower wage rate, foreign resources and engraving more markets.
The anti-globalization movement developed in opposition to the perceived negative aspects of globalization. The group represents a wide range of interests and issues. Opponents of globalization point out to its negative effects. Some of them are listed below.
• 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.
• Job insecurity. Earlier people had stable, permanent jobs. Now people live in constant dread of losing their jobs to

Related Documents