Which of the following best describes the impact of globalization on developing countries in the Global South?
Understand the Problem
The question is asking to identify the best description of the impact of globalization on developing countries in the Global South from the provided options.
Answer
It increases the reliance on multinational corporations from the Global North.
The final answer is that globalization increases the reliance on multinational corporations from the Global North.
Answer for screen readers
The final answer is that globalization increases the reliance on multinational corporations from the Global North.
More Information
Globalization often leads to increased economic growth and cultural exchanges in developing countries. However, it frequently results in dependency on multinational corporations, which may exploit local resources and labor.
Tips
A common mistake is to assume globalization leads to equal distribution of resources, which often isn't the case.
Sources
- Effects of Economic Globalization - National Geographic Education - education.nationalgeographic.org
- Globalization: A Brief Overview - International Monetary Fund (IMF) - imf.org
- The Impact of Globalization in the Developing Countries - LinkedIn - linkedin.com
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