The Demerits of Globalization: Environmental, Economic, and Cultural Impacts

Globalization has brought about negative impacts on the environment, economy, and culture. Issues such as the widening gap between rich and poor nations, loss of local industries' competitiveness, spread of diseases, and cultural erosion have been observed. The interconnected global economy faces challenges like dependency of less developed nations on superior ones, impacting the entire economic structure adversely. Furthermore, the pressure to conform to global norms can lead to the loss of traditional customs and values. These demerits call for a balanced approach to harness the benefits of globalization while mitigating its negative consequences.

• Globalization impacts
• Environmental degradation
• Economic inequality
• Cultural erosion

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1. DEMERITS OF GLOBALIZATION Environmental Economical Thank you Demerits Cultural AISHWARYA SINGH (66) BHAKTI CHOKSY (55) APURVA GADRE (78) SNEHA MALAKNAWAR (61) AMRITA TAWADE (68) Intro Smt ManibenM.P.Shah Women's College of Arts and Commerce/FC

2. Environmental Economical Thank you Demerits Cultural Intro GLOBALIZATION What Is Globalization ? Globalization or globalization is the process of interaction and integration between people, companies, and governments worldwide. Globalization has grown due to advances in transportation and communication technology. With increased global interactions comes the growth of international trade, ideas, and culture Smt ManibenM.P.Shah Women's College of Arts and Commerce/FC

3. Environmental Economical Thank you Demerits Cultural Intro ENVOIRNMENTAL CULTURAL ECONOMICAL Smt ManibenM.P.Shah Women's College of Arts and Commerce/FC

4. Environmental Economical Gap between the rich and the poor. Thank You Demerits Cultural Downfall of one major economic nations adversely affects entire global economy. Less developed countries have become dependent upon superior nations. Specialization of labor. Local industries could not compete with their global counterpart. about Smt ManibenM.P.Shah Women's College of Arts and Commerce/FC

5. Environmental Thank You Demerits Economic Cultural Intro Spread of diseases from one country to another country. Forests have been cut, environmental degradation. Smt ManibenM.P.Shah Women's College of Arts and Commerce/FC

6. Environmental Thank You Economical Demertis Cultural Intro Fail to preserve their old traditions , customs and culture. Globalization can pressure us to act in a certain way. Smt ManibenM.P.Shah Women's College of Arts and Commerce/FC

7. Environmental Thank You Economical Demerits Cultural Intro