Globalisation operates mostly in th

Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries. The role of LEDCs in the world market is mostly to provide the North and West with cheap labour and raw materials.There are no guarantees that the wealth from inward investment will benefit the local community. Often, profits are sent back to the MEDC where the TNC is based. Transnational companies, with their massive economies of scale, may drive local companies out of business. If it becomes cheaper to operate in another country, the TNC might close down the factory and make local people redundant.An absence of strictly enforced international laws means that TNCs may operate in LEDCs in a way that would not be allowed in an MEDC. They may pollute the environment, run risks with safety or impose poor working conditions and low wages on local workers.Globalisation is viewed by many as a threat to the world's cultural diversity. It is feared it might drown out local economies, traditions and languages and simply re-cast the whole world in the mould of the capitalist North and West. An example of this is that a Hollywood film is far more likely to be successful worldwide than one made in India or China, which also have thriving film industries.Industry may begin to thrive in LEDCs at the expense of jobs in manufacturing in the UK and other MEDCs, especially in textiles.

Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries. The role of LEDCs in the World Market is Mostly to provide the North West with cheap and Labour and Materials RAW.
There are no guarantees that the Wealth Investment Will Benefit inward from the local Community. Often, profits are sent back to the MEDC where the TNC is based. Transnational companies, with their massive economies of scale, may drive local companies out of business. If it becomes Cheaper to operate in another Country, the TNC Might Make local people and close down the Factory Redundant.
An absence of International Laws Strictly enforced means that TNCs operate in May LEDCs in a Way that would not be allowed in an MEDC. May they pollute the Environment, Run with safety risks or poor working conditions and low wages on Impose Workers local.
Globalisation is viewed by many as a Threat to the World's Cultural Diversity. It is feared it might drown out local economies, traditions and languages ​​and simply re-cast the whole world in the mould of the capitalist North and West. An example of this is that a Hollywood Film is Far more likely to be successful Worldwide than one Made in India or China, which also have thriving Film Industries.
Industry May BEGIN to thrive in LEDCs at the Expense of jobs in Manufacturing in the UK and. other MEDCs, especially in textiles.

Globalisation operates mostly in the interests of the richest countries which continue, to dominate world trade at the. Expense of developing countries. The role of LEDCs in the world market is mostly to provide the North and West with cheap. Labour and raw materials.
There are no guarantees that the wealth from inward investment will benefit the local, community. Often.Profits are sent back to the MEDC where the TNC is based. Transnational companies with their, massive economies, of scale. May drive local companies out of business. If it becomes cheaper to operate in, another country the TNC might close down. The factory and make local people redundant.
.An absence of strictly enforced international laws means that TNCs may operate in LEDCs in a way that would not be allowed. In an MEDC. They may pollute the environment run risks, with safety or impose poor working conditions and low wages on local. Workers.
Globalisation is viewed by many as a threat to the world 's cultural diversity. It is feared it might drown out. Local, economiesTraditions and languages and simply re-cast the whole world in the mould of the capitalist North and West. An example of. This is that a Hollywood film is far more likely to be successful worldwide than one made in India or China which also,, Have thriving film industries.
Industry may begin to thrive in LEDCs at the expense of jobs in manufacturing in the UK and. Other, MEDCsEspecially in textiles.