Many groups opposed to globalization complain that it ________.
A) costs jobs
B) lowers labor and environmental regulations
C) increases income inequality
D) reduces individuals' political say
E) all of the above

Question

Quizplus · Accepted Answer

All of the options listed are common complaints against globalization by various groups. Many argue that globalization leads to the loss of jobs in developed countries as companies move production to cheaper labor markets. Others worry that globalization leads to a "race to the bottom" in which countries lower labor and environmental regulations to attract foreign investment. Income inequality can increase as some individuals and companies profit greatly from global trade while others struggle to compete. Additionally, as decisions about trade and investment are made at a global level, individual citizens may feel they have less political say in shaping their own economic futures.

Many Groups Opposed to Globalization Complain That It ________