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Effects of Globalization
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Effects of Globalization
Positive
- Decreases the cost of manufacturing
- Companies can offer goods at a lower price to consumers
- Access to New Markets
- New customers and diverse revenue streams
- Incurring Tariffs and Export Fees
- Decreases the cost of manufacturing
Negative
- Job Insecurity:
- Employers take advantage of cheap labor.
- Terrorism:
- Expansion and growth of malicious organizations
- Unemployment
- Lack of new job openings due to technology
- Job Insecurity:
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- Mind Map on Effects of Globalization, created by Maria Gabriela Matamoros Martillo on 07/09/2021.
- Created by
- Maria Gabriela Matamoros Martillo
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