Edzy
Single Answer MCQ
Q-00045513

What is one disadvantage of globalization for local economies?

1

It encourages diversity in production

2

It brings in foreign investment

3

It can lead to brain drain as skilled workers look for opportunities abroad

4

It reduces the cost of technology

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. It can lead to brain drain as skilled workers look for opportunities abroad

Solution:

Globalization can prompt skilled workers in local economies to seek better opportunities overseas, causing 'brain drain' and reducing the local talent pool.

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