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  • Economic Globalization, Poverty and Inequality

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    Jelly Yanquiling Dumlao
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    Globalization leads to economic changes that benefit skilled workers who receive higher wages but hurt unskilled workers, as they risk losing jobs to automation or facing lower wages. While education and skills training could help some unskilled workers adapt, globalization overall seems to increase inequality between the skilled and unskilled.

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    ECONOMIC-GLOBALIZATION-POVERTY-AND-INEQUALITY

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    Globalization leads to economic changes that benefit skilled workers who receive higher wages but hurt unskilled workers, as they risk losing jobs to automation or facing lower wages. While education and skills training could help some unskilled workers adapt, globalization overall seems to increase inequality between the skilled and unskilled.

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    23 views2 pages

    Economic Globalization, Poverty and Inequality

    Uploaded by

    Jelly Yanquiling Dumlao
    Globalization leads to economic changes that benefit skilled workers who receive higher wages but hurt unskilled workers, as they risk losing jobs to automation or facing lower wages. While education and skills training could help some unskilled workers adapt, globalization overall seems to increase inequality between the skilled and unskilled.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 2

    ECONOMIC

    GLOBALIZATION, POVERTY
    AND INEQUALITY
    FR
    POVERTY & INEQUALITY
    Workers who are more educated and more skilled
    would thrive in those jobs by receiving higher
    wages. On the other hand, the unskilled workers
    will fall behind. They will be left or overtaken by
    machines or more skilled workers.

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