Question

A criticism of globalisation was that the benefits of higher growth:

Options

• Did not reach the majority; the rich became richer and the poor became poorer

• Were confined entirely to the agriculture sector

• Were equally distributed among all sections of society

• Reached only the poor and not the rich

Answer 1

The benefits of higher growth did not reach the majority of the population; the rich became richer and the poor became poorer. This widening of income inequality was a key criticism of the globalisation process.