2012 · Q18
Which one among the following statements about globalization is not correct?
General KnowledgeEconomics
- AAdvocates of globalization argue that it will result in greater economic growth
- BCritics of globalization argue that it will result in greater economic disparity
- CAdvocates of globalization argue that it will result in cultural homogenization
- DCritics of globalization argue that it will result in cultural homogenization
Explanation
Cultural homogenization ('McDonaldization') is the critics' charge against globalization; advocates stress growth and cultural exchange. ExamRobot-verified; the iasexamportal key's D is an error.