Question

While the process of globalization can be positive in many ways, it also has its drawbacks. Describe two potential problems that can take place when globalization unites the world.

Answer 1

While the process of globalization can be positive in many ways, it also has its drawbacks.

These include: extreme benefits for the rich and drawbacks for the poor, the removal of jobs from developed nations (economically stable) into developing nations (less economically stable), large companies escaping taxes by moving to developing countries, threats to workers in developed countries of pay cuts, stolen technology, inhumane/unfair/unethical working conditions, and/or using prisoners or children for labor.

Answer 2

Answer:

When the process of globalization creates a connected global village, one consequence is that jobs can move easily from one country to another. As a result, employees in some countries may lose their jobs to employees elsewhere. In addition, corporations may have more power and may become less restricted, which could help these corporations grow and increase trade. However, they may also make decisions that hurt other countries, and they may not have the accountability they need. Another possible consequence is a loss of cultural diversity as cultures blend together. Unique cultures may be overwhelmed by cultures from neighboring countries. Finally, while globalization helps to spread positive and creative ideas, it can also help to spread destructive and dangerous behavior from place to place.

Explanation: