What is one major problem that has resulted from globalization in the 20th and 21th centuries?

In real life, the business are facing increased competition, and the worker may be laid off because of greater competition. The following is a list of reasons why globalization is not living up to what was promised, and is, in fact, a very major problem. 1. Globalization uses up finite resources more quickly.

Answer: The corona-virus is a major problem for globalization in the world because it is stopping jobs and many money-making businesses too.