What have been the consequences of globalization for the people of North America?

Question

Quizplus · Accepted Answer

The increasing globalization in North America has led to widening polarization between rich and poor. Wealthy individuals and companies are benefiting from the expansion of international trade while the working and middle class are struggling to keep up with the competition from cheaper labor markets. This has led to a growing income gap and socioeconomic inequality in many areas of North America. De-urbanization of central city areas, less diverse immigrant groups, and more homogenization of city populations are not significant consequences of globalization in North America.

What Have Been the Consequences of Globalization for the People