Globalization exploitation

Globalization exploitation refers to the practice where businesses and economies, often in wealthier countries, take advantage of resources and labor in poorer countries. This can manifest in low wages, poor working conditions, and minimal environmental regulations. Companies might move production to these regions to cut costs, maximizing profits at the expense of local communities. While globalization can create economic opportunities, it can also lead to inequality and social issues, as the benefits are not always shared fairly. Addressing these challenges requires responsible practices that prioritize fairness and sustainability.