What Are The Flaws Of Globalization

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However there is a downside to this implied fairytale, globalisation does also have its’ flaws and emphasis will be placed on them. Globalisation is a significant contributor to the degradation of the ecosystem we reside in, causing global eco crisis such as global warming as a result of major corporate enterprises engaging in deforestation, mining and producing products which release harmful gases in the atmosphere due to their manufacturing processes. Globalisation may cause a rapid decline in local economies due to affordable international markets. Diseases such as communicable diseases can have an increased infectivity rate. The closing down of small companies can be a result of their inability to compete with major global companies. Underdeveloped

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