Have you ever encountered the word globalization lately? This is the term used that pertains to the economies of the world being mixed and gradually integrated. Special thanks to the technology that is called The Internet where, for example, you can watch some online streaming television anywhere you want. Apart from the Internet, you can also use mobile phones, everyone has not become so distant. And those products that are just confined to their respective homelands, they are now available all over the world. And don't let me start with outsourcing too. But if I am talking of the positive attributes of globalization, are there any negative effects of it? And if there are, what are the negative effects of globalization? Below are just some of the examples of the negative effects.
One of the most common negative effects of globalization is that the loss of so many jobs out there. Because outsourcing allows companies to send jobs to foreign land for a cheaper cost, many people became jobless. Job descriptions such as programmers, editors, accountants, and scientists are among the most common jobs that had have received the boot because of globalization.
Another negative effect is that through globalization, local cultures are affected by foreign cultures because of what they see in TV and the Internet.
And what is the most negative effect of globalization? It is the fact that it is not universal when it comes to progress, and by that I mean the rich becomes richer and the poor becomes poorer.
