What is one disadvantage of globalization?

One significant disadvantage of globalization is increased income inequality. As businesses expand internationally, they often seek to minimize costs by outsourcing labor to countries where wages are lower. This can lead to job losses in higher-wage countries while creating jobs in lower-wage countries, but the benefits are not always evenly distributed.

In wealthier nations, this might result in a concentration of wealth among those who own capital or who are able to adapt to the global market, while many workers, particularly in manufacturing or lower-skilled jobs, may find themselves unable to compete with cheaper labor abroad. As a result, the income gap can widen, exacerbating social divisions and leading to economic disparities where the rich get richer, and the poor face increased challenges.

In contrast, the other options denote positive aspects of globalization, such as creating job opportunities and fostering cultural diversity. These elements can benefit many but can also contribute to the longstanding issue of income inequality, highlighting that while globalization has advantages, it also carries significant disadvantages that affect various sectors of society differently.