To begin with, tourist travel is one of the main negative impacts of Globalization as it is able pose a serious threat on the society as a whole through the act of human trafficking Foreign Investments Globalization brought in the need for people from developed states to invest in some developing countries.
This paper also gives an opinion on disadvantages, for instance, employment shifts or wage gaps.
Media services cover events which occur in other countries. There are many people from the West who know Eastern culture.
These things affect seriously to the poor people and make their lives become harder. The most affected employees are those from developed countries as employers can hire immigrants who have smaller salaries. Globalization is a causality of cultural erosion in communities from both developed and developing countries.
Any investment that is across national borders is also part of globalization Christian Science Monitor.
Effects of Globalization on Developed Countries Worldwide integration impacted countries with developed economies. In other words, Globalization is the process of international integration arising from the interchange of values, products, ideas and other aspects of culture.
The encouragement of free trade zones in developing countries in a bid to woo foreign investors has resulted in negative effects. However, globalization mixed different cultures. In this Information Age, it is easy to get all necessary information on the Internet and they are often formal modern knowledge.