Role of globalization in homogenizing the world


Introduction:

The opponents of globalization focus their criticism on the role of globalization in homogenizing the world and driving wages and prices to a minimum. Supporters argue that lower prices and greater opportunities are worth the costs that come at the price of industrial development.

Required to do:

1) What do the opponents of globalization criticize?

2) With regard to consumerism, immigration, and nutrition, where do you find their critiques compelling? Why?

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Macroeconomics: Role of globalization in homogenizing the world
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