GK
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Globalization is good because of an ____ in standard of living, but is bad because there is a ____ in local cultures and traditions
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increase / decrease
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decrease / increase
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increase / increase
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decrease / decrease
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Explanation:
Detailed explanation-1: -Negative Influences There are a number of negative impacts globalization has had on cultural diversity, including the influence multinational corporations have on promoting a consumer culture, exploitation of workers and markets and influencing societal values.
Detailed explanation-2: -Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.
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