Globalization
A) is inherently negative.
B) is mostly negative.
C) is a mixture of both negative and beneficial effects.
D) is mostly beneficial.
E) is always beneficial.

Question

Quizplus · Accepted Answer

Globalization has both negative and beneficial effects. Globalization has eased the way for increased trade and economic growth, promoting greater interdependence among nations. It has led to the creation of global markets for standardized products and services but also contributed to economic inequality and environmental degradation. Globalization has made it easier for companies to operate in many countries, but also caused job losses and wage stagnation.