Globalisation

Globalisation

1. Positive aspects

   • Free Trade -> Access To the worldwide market
   • The world is becoming increasingly interconnected (result of massively increased trade and cultural exchange)
   • Creating more wealth in developing countries
   • Faster/better Communication and exchange
   • Technological progress
   • Easier travelling
   • In developing countries
     • New jobs are available
     • Access to the world market
     • Hope to get work

2. Negative aspects

   • Fear that individual cultures will Blend into a Single global Culture (loss of cultural diversity)
   • Terrible working conditions
   • Social injustice
   • Exploitation
   • Difficult for developing countries
   • Wider gap between rich and poor
   • Global warming
   • Pollution
   • In developing countries
     • Unfair/inhumane working conditions
     • Dependency on developed countries

3. Money flows constantly around the world

4. The biggest companies have subsidiaries in other countries

5. Worldwide movement

6. For politics

   • International affairs more important than national affairs

7. Producing goods and providing services in other countries

   • Much cheaper