Tuesday 19 August 2008

Globalisation


Positive effects

-Distribution of resources

-Products available in every market at a lower price

-Creates jobs

-Everyone shares the benefits within the country

-Educational opportunities

-Developed technologies

-Economic growth

-Access to information

-Improved international relationships/understanding


Negative effects

-Rich get richer unfair distribution of wealth

-Exploitation of poorer countries

-Pollution from increased transport, industries

-Countries become dependent on key industries and imports

-Imbalance in import/export

-Loss of local culture, traditions, language, customs

No comments: