Disadvantages of Globalization

Q. How has globalization adversely impacted the environment?

1. Air pollution has increased due to increase in factories.
2. Water pollution has increased due to domestic and industrial wastes.
3. The movement of people due to globalization has led to the spread of deadly, infectious diseases all over the world.
4. Land pollution has increased due to garbage dumps from domestic households and industries.

Q. Globalization has increased the competition among producers.

Which of the following statements explains the cause of such competition?

1. Due to globalization, MNCs become profitable.
2. The competition increased as globalisation facilitated better market access to companies across the world.
3. Globalization changed the governments across countries.
4. Globalization has reduced consumer spending.

Q. Globalization often benefits the rich and developed countries less than the developing countries.

1. False
2. True

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Identify which of the following is not a disadvantage of globalization.

1. Globalization ensures equal distribution of wealth between countries.
2. There is an increase in unethical practices in business dealings due to globalization.
3. Globalization leads to the degradation of public health.
4. The developed countries become wealthier at the cost of underdeveloped nations due to globalization.

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Globalization has fostered economic growth of nations but at the same time it has been a bane for the world economy.

Which of the following justify the above statement?

1. In order to reduce labour costs, companies indulge in unethical practices such as exploiting workers.
2. Due to globalization, the developed countries become wealthier at the cost of underdeveloped nations, creating an unequal distribution of wealth.
3. Globalization drives all the domestic producers out of business.
4. Globalization has increased pollution levels that has put pressure on the available resources.

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Identify which of the following explain(s) the impact of globalization on the environment.

1. Globalization has lead to increase in air pollution due to increase in number of factories.
2. Globalization leads to increase in consumption of junk food.
3. Transportation of goods results in the release of greenhouse gases.
4. Globalization has led to the increase in water pollution and garbage dumps.

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> How is globalization a threat to small-scale industries in less developed countries?

1. Developed countries dump cheaply-priced products in less developed countries, driving small businesses out of the market.
2. The companies of developed countries buy small businesses of less developed countries and then rule the market.
3. Small businesses cannot afford hi-tech machinery to produce better quality products and reduce cost of production.
4. The companies from other countries might take away employees of the small businesses by offering them more salaries.

Q. Globalization allows exchange of people and culture between countries, but it faces the threat of .

1. infectious diseases
2. unemployment
3. illegal migration
4. unequal wealth

Q. Which of the following does not put pressure on the available natural resources due to globalization?

1. Water pollution
2. Air pollution
3. Garbage dumps
4. Consumption of junk food

Q. How does globalization lead to unequal distribution of wealth between countries?

1. The developing countries dump cheaply priced products in underdeveloped countries which drive small producers out of business.
2. All the countries countries dump cheaply priced products in other countries which drive small producers out of business.
3. The developed countries dump cheaply priced products in underdeveloped countries which drive small producers out of business.
4. The developing countries dump cheaply priced products in developed countries which drive small producers out of business.

Q. Identify the unethical practices in business dealings to reduce labour cost.

1. Child labour
2. Exploitation
3. Inferior goods
4. Slavery
5. Adulteration
6. High prices
7. Low wages
8. Unsafe workplace

Q. Which of the following is a bane of globalization to the general public?

1. The developed countries become wealthier at the cost of underdeveloped nations.
2. Migration of people has led to the spread of deadly infectious diseases.
3. There is a serious threat to small-scale industries because of increase in competition from MNCs.
4. Local producers have to invest heavily in hi-tech machineries to compete with MNCs.