Question

Name five possible consequences of globalisation.

Answer 1

If we talk in simple terms then globalisation is the interdependence of world economies on each other for trade ,cross-border ,technology ,flow of investment ,people ,information etc

some of the disadvantage of the consequence of the globalisation are

• it promotes inequality because many people income inequality has rises
• it also leads to reducing the public revenues
• globalisation has severely impact on the environment
• recently globalisation has also caused one of Biggest pandemic spread that is coronavirus

So sometimes it also promotes the spread of infectious diseases