Globalization

Globalization

1. Advantages

2. ADVANTAGES

   • ECONOMY
     • Free trade worldwide
     • Decrease in production costs.
     • Greater business competitiveness
     • Better quality of products
     • Technological development
     • Higher job offer
   • POLITIC
     • Legislations for
       • Encourage trade
       • Cooperation plans
       • Legal security
       • Mercantile security
   • CULTURE
     • Greater cultural exchange
   • SOCIAL
     • Greater communication without borders
     • Accessibility
       • Exchange and access information

3. DISADVANTAGES

   • ECONOMY
     • Developed countries over developing countries
       • Economic imbalance
     • Unemployment
       • Cheap labor
     • Economic inequality .
     • Depletion of natural resources
   • CULTURE
     • National identity
       • Indigenous traditions change
   • SOCIAL
     • Social inequality
     • Social confrontations between groups