Question

Some nations are hesitant to embrace globalization because of the resulting increased.

Answer 1

Answer:

power of corporations.

Explanation:

Globalization also includes the free market and spread the effect of various international corporations. In globalization, it is easier for economic power to be held by a certain corporation that dictates the market and practices.

With that comes many of the inequalities, the decline of local practices and good, and possibly the usage and appropriation of the traditional belief, values, and ideas for the economic gain of the corporation. This way, the cultural heritage is being violated and the local economy is threatened to be overshadowed by the powerful international organization.