Globalization can increase competition for which type of workers?

Globalization is characterized by the increasing interconnectedness and interdependence of economies and societies across the globe. One significant impact of globalization is the expansion of markets and the integration of economies, which can lead to heightened competition for low-skilled workers.

As companies look to reduce costs and maximize efficiency, they may seek to outsource labor to countries where low-skilled labor is more abundant and affordable. This creates a scenario where low-skilled workers in developed countries face competition not only from their local job market but also from workers in developing nations where labor costs are lower.

Additionally, the rise of technological advancements and automated systems can further intensify this competition, as businesses may opt for models that require fewer low-skilled workers. Consequently, globalization can effectively diminish job security and wage stability for this group of workers, making them particularly susceptible to competition on a global scale.

In contrast, highly skilled and middle-skilled workers may benefit from globalization through opportunities for work in diverse markets or may find that their skills are in demand across borders, potentially leading to an increase in wages or job availability. Therefore, while all categories of workers may experience the impacts of globalization, low-skilled workers are specifically subjected to heightened competition due to the nature of job outsourcing and labor market dynamics created by global economic