Globalization

Globalization

1. it is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.

   • Advantages
     • Exchange
       • Information
       • Culture
       • Products
     • Technology
     • Econony
     • Diversity of products
     • Services
   • Disadvantages
     • Inequality
     • Threats to the global commons
     • Macroeconomic fragility
     • trade imbalances
     • Higher structural unemployment
     • Less cultural diversity
   • JOANNA JACKELINE MARMOLEJO ANDRADE

2. Society

   • Migration
   • International communication
     • Internet
   • English as an international language
   • Tourism
   • Gap between rich and poor
   • improvement in the standard of living

3. Economy

   • Industry
   • Global connections
   • Capitalism
   • Tax evasion
   • Reducing labour costs
   • Import / export
   • Reducing labour costs

4. Ecology

   • Loss of biodiversity
   • Global warming
     • Climate change
     • Greenhouse effect
     • Melting polar caps
   • Burning forests
   • Global reponsibility
   • Degradation