Globalization In Economy

Globalization In Economy

1. Negative 2

   • It increases the risk of failure for small companies that cannot compete globally.
   • Globalization increases inequality between countries
   • Globalization does not allow the development of third world countries
   • The flight of national companies to countries where production costs are lower

2. Positive 2

   • Brings technological development
   • Companies are better equipated
   • Several companies have migrated to different countries to expand
   • Attracts investment from other countries

3. Positive 1

   • The necessity to be immersed in the technological world has increassed, have economy competences.
   • The people around the world can be totally connected to share knowledge and grow up like a united nation.
   • Globalization is helping the countries not only sharing knowledge and culture, also products that brings benefits for two parts.

4. Negative 1

   • The negative face of the process of Globalization. some of them are, principally, the cultural uniformity and economic inequality.
   • One of the aspects more criticized is the leakage of nationals companies
   • The prevaricate of the jobs also it has lost rights
   • The missed of the work places