Single Answer MCQ
Q-00045535
How can uncontrolled globalisation impact local economies?
1
It ensures job security for local workers
2
It can lead to economic dependency
3
It benefits all local industries equally
4
It eliminates unemployment rates
Answer and Solution
Answer
B. It can lead to economic dependency
Solution:
Uncontrolled globalisation can cause local economies to become dependent on foreign markets, making them vulnerable to global market fluctuations. The other options incorrectly suggest that globalisation uniformly benefits local economies.
Watch Video Solution
