Which one of the following is not an outcome globalisation? |
Privatisation of production Nationalisation of cultures Transnationalisation of production Homogenisation of cultures |
Nationalisation of cultures |
However, globalization does not necessarily lead to the nationalisation of cultures. Globalization is a complex phenomenon with many different facets, but it is generally understood to refer to the increasing interconnectedness of people, cultures, and economies around the world. This interconnectedness is driven by a number of factors, including advances in technology, transportation, and communication. One of the key outcomes of globalization is the privatization of production. This means that the production of goods and services is increasingly being shifted from state-owned enterprises to private companies. This trend is driven by a number of factors, including the belief that private companies are more efficient and productive than state-owned enterprises. Another key outcome of globalization is the transnationalisation of production. This means that the production of goods and services is increasingly being spread across different countries. This trend is driven by a number of factors, including lower labor costs in developing countries and the availability of advanced technology in some countries. Some argue that globalization can lead to the homogenisation of cultures, as different cultures are exposed to each other and begin to adopt similar values and practices. |