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How is globalization changing the overall balance of power between states and citizens?

Sagot :

Effects of Globalization in Changing the Overall Balance of Power Between the State and its Citizens

Globalization helped grow the economy of many countries. Through globalization, a country was able to offer the service of its people to a company from another country. It helps boost the economy and at the same time helps those companies to get cheaper labor.

To give you readers further idea regarding globalization, let's define it first:

Globalization is a process in which different organizations from across the globe interchange services or manpower.

  • https://brainly.ph/question/10019048

Globalization has both positive and negative impacts on the countries involved. These are enumerated below:

Positive impacts on the country and its citizens:

  • Boosts the economy
  • People are exposed to jobs that are available in the international market, helping the people of the country market their talents on an international scale.

Negative impacts on the country and its citizens

  • Jobe that should have been available for the people living in the same area as the company is being offered to people from very far away places. Hence, there are lesser jobs offered to the country of origin.
  • The people where the job is outsourced would most likely desire to work for a company that offers higher pay than the ones locally available.

The above impacts are just a few examples of the impacts of globalization.

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