GLOBALISATION Jol

GLOBALISATION Jol

1. connections

   • economic
   • financial
   • between countries
   • between trade partners

2. ROOTS

   • after 2nd World War

3. system

4. international cooperation

5. ENABLES TO LIFT POOR COUNTRIES OUT OF POVERTY

   • REACH MEDIUM-INCOME
   • CHEAPER PRODUCTS
   • ASIAN COUNTRIES
   • UNFETTERED TRAVEL
   • eke out a living
     • live from paycheck to paycheck

6. PEOPLE ARE AFRAID THAT THEIR JOBS ARE AT RISK

   • DISRIPTION OF SUPPLY CHAINS IN CASE OF A PANDEMIC
     • OR NATURAL DISASTER
       • WAR
       • BANKRUPTCY
     • TRADE WARS
       • IMPOSING OF NEW TARRIFFS
   • sweat shop
     • child labour