Answer :

The five negatives of globalization are raising inequality, exploitation of labor and resources, imbalanced trade, disproportionate growth and domestic job loss.

Globalization is creating opportunities for hundreds of people but the payment of wages is highly unequal. The gap between the rich and poor nations is increasing as the rich countries are getting richer and poor countries are getting poorer. The inequality in the society is rising day by day.

Developing countries produce goods at a cheaper rate than developed countries. The labor, raw materials and transport are all available at a much cheaper rate in developing countries than developed ones. Developed countries exploit the resources and labor of developing countries.

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