Globalization - Cons

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Last updated 5:10 PM on 10/12/26
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4 Terms

1
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(to warn every place becomes the same) cultural homogenisation

Critics warn that globalisation leads to cultural homogenisation.

2
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(to describe small shops losing out) fierce competition from global brands

Small shops cannot survive fierce competition from global brands.

3
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(to criticise unfair treatment of workers) exploit cheap labour

Some multinationals exploit cheap labour in poorer countries.

4
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(to criticise expensive unused venues) costly white elephants

Many Olympic venues have become costly white elephants.