The effects of globalization
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- 1. The Effects of Globalization
- 2. Content Definition of Globalization Positive and Negative
Effects of Globalization on: Economy Culture Education
Conclusion
- 3. Definition
- 4. Understanding the Positive Effects on Economy Free Trade
Exchange goods and resources Increased Exports and import
- 5. Free Movement of Labour advantages to both workers and
recipient countries. Ex. If a country experiences high
unemployment, there are increased opportunities to look for work
elsewhere. This process of labour migration also helps reduce
geographical inequality
- 6. Greater Competition Domestic monopolies will try to develop
the quality of their products and services
- 7. Increasing Investment Investment by multinational companies
can play a big role in improving the economies of developing
countries.
- 8. Impacts Free Trade Can Harm Developing Economy Developing
countries are hard to compete with developed countries Developing
countries are often harmed by tariff protection
- 9. Labour Drain Some countries find it difficult to hold onto
their best skilled workers, who are attracted by higher wages
elsewhere
- 10. Increasing Environmental Issues Using non- renewable
resources Deforestatio n Pollution Global Warming
- 11. Positive Impacts on Culture Cultural Diffusion happens when
the cultural beliefs and social activities are spread through
different ethnicities, religions,
- 12. Multi-cultural Awareness You will start to understand the
world
- 13. Understanding Negative Impacts Loss of Local Culture The
cultures from around the world replace the local ones.
- 14. Less Cultural Diversity When the local cultures are lost,
the world culture will replace. Then it will become one.
- 15. Positive Effects on Education Local school will upgrade
their curriculum to a standard one Using technology in educational
sector International Schools will
- 16. Negative Impacts Local schools are hard to compete Some
learners having difficulties with languages and technology used in
school systems