Read the passage and answer the question:
Globalisation is a very contentious subject and has invited strong criticism all over the globe. Critics of globalisation make a variety of arguments. Those on the left argue that contemporary globalisation represents a particular phase of global capitalism that makes the rich richer (and fewer) and the poor poorer. The weakening of the state leads to a reduction in the capacity of the state to protect the interest of its poor.
What is the demand of critics of globalisation in the 'economic' aspect?
Answer & explanation
Correct answer: option 3
The correct answer is Option 3 - They want a return to self-reliance and protectionism, at least in certain areas of the economy.
Critics of globalisation from the political right express anxiety over the political, economic, and cultural effects. Economically, they want a return to self-reliance and protectionism, at least in certain areas of the economy.
Critics of globalisation from the political right express anxiety over the political, economic and cultural effects.
- In political terms, they fear the weakening of the state.
- Economically, they want a return to self-reliance and protectionism, at least in certain areas of the economy.
- Culturally, they are worried that traditional culture will be harmed and people will lose their age-old values and ways.