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.

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