What is the impact of globalization on the world?
At the same time, global economic growth and industrial productivity are both the driving force and the major consequences of globalization. They also have big environmental consequences as they contribute to the depletion of natural resources, deforestation and the destruction of ecosystems and loss of biodiversity.
How does globalization affect the world negatively?
Globalization also have its side effects to the developed nations. These include some factors which are jobs insecurity, fluctuation in prices, terrorism, fluctuation in currency, capital flows and so on.
What is the impact of globalization on politics?
In politics scope, globalization has had many negative and positive consequences such as; increase power and liberty of nations, groups and nongovernmental parties, expand of new political culture, weaken and washy of the role and hegemony of states in illegitimate controlling of nations, change and redefinition of …
What is most likely to encourage underground economies?
What is most likely to encourage underground economies? Correct. Control economies are characterized by heavy government regulations, which limit development and motivate underground economies to emerge.
What does globalization refer to quizlet?
Globalization refers to the integration of goods, services, and cultures among the nations. of the world.
Which of the following is a driver of globalization?
Thus, we can say that, market convergence, competition, exchange rates and cost advantages are the key drivers of globalization.
What is globalization anthropology quizlet?
Globalization. process that promotes economic, political, and other cultural connection among people living all over the world. World System. economic incorporation of different parts of the world into a system based on capitalism, not politics. Transnationalism.
What is globalization and why is it important for anthropology quizlet?
Globalization refers to the worldwide intensification of interactions and the increased movement of money, people, goods, and ideas within and across national borders. It is a key theoretical framework for anthropologists attempting to understand humans and their interactions.