Cultural shock, Danger of epidemic diseases which can easily spread because of faster transportation and increase in the number of tourists., Globalisation has not created jobs globally; rather, it simply shifted employment opportunities from developed countries to developing countries, Encourages dependency on other countries so that if one country’s economy collapses, Global economic crisis had well demonstrated how this dependent relationship worked very negatively among countries during the crisis., Globalization may also harm business industry of other countries that cannot compete for as much versus the multinational companies., Small business and medium scale establishments may have to close down, Lead to unemployment and exploitation, The traditional way of life and simplicity are getting washed away and people in developing countries are mimicking the western cultures , Lead to a devastating situation on a countries heritage and tradition., Utilise the natural raw materials from there and become more and more affluent, local trades might not survive in long run and this has negative consequences on many local businesses. , The local traditions and cultures are in jeopardy due to the enormous influence of world media,
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WT2-GLOBALISATION HARM
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Sean071991cn
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