Single Answer MCQ
Q-00015818

Why might some people view globalisation negatively in terms of employment?

1

It guarantees high-paying jobs for everyone.

2

It may lead to job losses in traditional industries.

3

It increases job security all around.

4

It ensures wealth distribution is equal.

Answer and Solution

Answer

B. It may lead to job losses in traditional industries.

Solution:

Some critics argue that globalisation can result in job losses in traditional industries as they struggle to compete against foreign firms. This is in contrast to the other options, which are overly optimistic about globalisation's effects.

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