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Explain how globalization adversely affected the developing countries.

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asked Sep 3, 2021 in World in the Twentieth Century by Omeshwar (30.7k points)
closed Sep 8, 2021 by Omeshwar

Explain how globalization adversely affected the developing countries.

class-10

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1 Answer

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answered Sep 3, 2021 by Ekanjeet (30.6k points)
selected Sep 8, 2021 by Omeshwar

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Led to the destruction of indigenous culture.
The intervention of multinational companies over the concept of nation state.
Price of agriculture products plunged.
Natural resources were looted.
Government withdrew from social service sector.

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