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What is the danger of a global economy?
the loss of US jobs overseas
O
increased exposure to danger
O billions of unemployed people
DONE
global forces of destruction, to terrorism,
organized crime and narcotrafficking, the
spread of deadly weapons and disease, the
degradation of the global environment.
-President Bill Clinton
January 18, 2001
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Verified Answer :

GinnyAnswer

Final answer:

Globalization poses risks such as job loss in the US, environmental degradation, and political uncertainties with wide-ranging impacts.


Explanation:

Danger of Global Economy

One major danger of a global economy is the loss of jobs in the United States. Globalization can lead to American companies relocating their factories to countries with cheaper labor, resulting in unemployment domestically. This phenomenon has contributed to rising inequality in American society.

Environmental concerns are also significant, with globalization potentially leading to environmental degradation and impacting the planet's biological and physical systems. While globalization can offer economic benefits, it also poses risks to the environment that must be carefully managed.

Political risks are another aspect to consider, as geopolitical uncertainties influenced by events such as wars, crises, and political decisions can have far-reaching consequences on businesses operating in a globalized economy.


Learn more about Globalization and its dangers here:

https://brainly.com/question/42797041


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