Globalisation

Globalisation

1. Positive Aspects

   • Some people can move easily from country to country
     • Boosts purchasing power equality
   • More products are available
   • Cheaper and better prizes of products
   • People in developing countries get better jobs and also better salaries.
     • More prosperity -> more money is invested
   • knowledge and technology is outsourced as well

2. Negative Aspects

   • Child labour, low wages
   • harmful for environment
   • global warming rises
   • bad working conditions
   • health hazards
   • long working days
   • mind numbing work
   • companies move to cheaper countreis
   • people in developed countries lose their jobs and get payed less
   • purchasing habit in developed countries sinks
   • knowledge and technology is eported
   • exploitation of workers -> low salaries
   • employers are treated like slaves

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