All of the following have been negative effects of globalization except Higher prices for consumers.
Correct answer:
C. Higher prices for consumers
Globalisation manages principally within the<span> interests of the highly developed countries, </span>that still<span> influence a command over world trade at the expense of developing countries.</span>
Globalization is an economic, technological, political, social, business and cultural process on a world scale that consists in the growing communication and interdependence between the different countries of the world uniting their markets, societies and cultures, through a series of social transformations, economic and political issues that give them a global character. Globalization is often identified as a dynamic process produced mainly by society, which has opened its doors to the information revolution, reaching a considerable level of liberalization and democratization in its political culture, in its national legal and economic order, and in their national and international relations.
Imperialism had consequences that affected the colonial nations, Europe, and the world. It also led to increased competition among nations and to conflicts that would disrupt world peace in 1914. European imperialism did not begin in the 1800s.
