4.5.2.1 - Threat to Local Industries
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What does globalisation mean in simple terms?
💡 Hint: Think about how products are traded internationally.
Name one advantage that MNCs have over local businesses.
💡 Hint: Consider the funding and capital aspect.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is one major threat to local industries due to globalisation?
💡 Hint: Consider why local businesses struggle.
True or False: Cultural erosion is a positive outcome of globalisation.
💡 Hint: Think about what cultural erosion implies.
Get performance evaluation
Challenge Problems
Push your limits with advanced challenges
Evaluate how the decline of local industries can lead to broader economic crises in a region.
💡 Hint: Consider the cascading effects of economic downturns.
Create a proposal for a local government initiative that aims to boost local businesses against global competition.
💡 Hint: Think about how to leverage community resources.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.