Describe the demerits of globalization.

Question

07 Sep 2024

Answer :

Word Count : 316

Globalization, while often praised for its economic and cultural benefits, also comes with a range of demerits that can significantly impact both economies and societies.

One of the primary economic demerits is the exacerbation of income inequality. As globalization tends to benefit skilled workers and capital owners disproportionately, unskilled workers, particularly in developing countries, may find themselves at a disadvantage. This disparity can ________ _______ __________ ________ ______ ______ _____ _____.
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