Question : What is a criticism of globalisation regarding economic inequality?
Option 1: It has eliminated economic inequality
Option 2: It has led to a more equitable distribution of wealth
Option 3: It has exacerbated economic inequality between and within countries
Option 4: It has no impact on economic inequality
Correct Answer: It has exacerbated economic inequality between and within countries
Solution : A criticism of globalization is that it has exacerbated economic inequality between and within countries, as the benefits are not evenly distributed.
Question : How is economic inequality related to globalization?
Option 1: Globalization has uniformly reduced economic inequality
Option 2: Globalization has exacerbated economic inequality within and between countries
Option 3: Globalization has no impact on economic inequality
Option 4: Globalization has only affected inequality in developed countries
Question : Which of the following are negative traits of globalisation?
Option 1: Globalisation benefit more to developed countries and less to other countries.
Option 2: Globalisation compromises the welfare and identity of people belonging to poor countries
Option 3: Market driven globalisation increases the economic disparities of the nations.
Option 4: All of the above.
Question : What is a common criticism of globalization?
Option 1: It promotes cultural diversity
Option 2: It reduces economic inequality
Option 3: It leads to environmental degradation
Option 4: It strengthens national sovereignty
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