Overview
Globalization has a profound impact on labor rights, creating both opportunities and challenges for workers worldwide. While it can lead to job creation and improved working conditions in some regions, it also poses risks of exploitation and wage theft, particularly in developing countries. Understa...
Key Terms
Example: The rise of multinational corporations is a result of globalization.
Example: Labor rights include the right to fair wages and safe working conditions.
Example: Some factories exploit workers by paying them below minimum wage.
Example: The ILO promotes fair labor practices worldwide.
Example: Companies may adopt CSR policies to improve labor conditions in their supply chains.
Example: NAFTA is a trade agreement that affects labor rights in North America.