Competitive pressures of globalization and technological advancements contribute to increased job insecurity and displacement in developing as well as industrialized countries.

Question

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Globalization and technological advancements often lead to companies outsourcing jobs to countries with lower labor costs, or replacing workers with machines and automation. This can result in job insecurity and displacement for workers in both developing and industrialized countries.

Competitive Pressures of Globalization and Technological Advancements Contribute to Increased