What impact does globalization have on workers' bargaining power?

Globalization has a significant impact on workers' bargaining power, and the correct choice reflects the current sociological understanding of these dynamics. As businesses operate on a global scale, they are able to move production to countries where labor is cheaper, which often diminishes the bargaining power of workers in higher-cost regions. This can lead to a situation where workers face increased competition not only from domestic labor but also from international workers willing to work for lower wages.

Additionally, with companies having the option to outsource jobs and relocate easily, the leverage workers in wealthier nations may have traditionally held diminishes. This often results in a race to the bottom, where employers can dictate terms of employment more strictly, knowing that workers may have fewer alternatives available.

In contrast, the other options suggest a strengthening or neutral effect on bargaining power, which does not align with the overarching trends observed. For example, the idea that globalization strengthens negotiating capabilities doesn't take into account the ways in which companies can exploit international differences in labor costs. Similarly, the assertion that globalization has no significant impact overlooks the profound changes in labor dynamics that have been observed in many economies. Lastly, the notion that globalization increases job security is generally contradicted by the rise in precarious work arrangements and the outsourcing of