Which characteristic of globalization deals with developing new forms of communication and shipping to make it easier for countries to connect?
A. Trade
B. Technology
C. Labor markets
D. Resource distribution

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Explanation:

13 Negative Effects of Globalization (With Examples)

Updated on: February 10, 2020 Leave a Comment

With respect to developing countries, globalization policy has both positive and negative aspects. Globalization leads to contraction or shortening of the world market.

negative effects of globalization

negative effects of globalization

Page Contents  

Negative Effects of Globalization

1. Cut-throat Competition

2. Removal of Protection

3. Hindrance in Establishment of Small and Cottage Industries

4. Limited Field of Domestic Institution

5. Expensive Imports

6. Takeover of Business

7. Arousal of Monopoly

8. Ownership of Institutions

9. Expensive Domestic Goods

10. Effect of Priorities of Plans

11. Unemployment

12. Increase in Inequalities

13. Effect on National Sovereignty

technology

Explanation:

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