CUET Preparation Today
Identify the statement which does not highlight the economic consequences of Globalization. |
Greater flow of goods and services Influencing each others' traditions Increased influence and involvement of IMF and WTO in countries' internal matters
Greater well-being and growth of individuals eg job opportunities, higher salaries, more choices |
Influencing each others' traditions |
The cultural effect of globalization leads to the fear that this process poses a threat to cultures in the world. It does so because globalization leads to the rise of a uniform culture or what is called cultural homogenization. The rise of a uniform culture is not the emergence of a global culture. |
