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Globalization - Advantages and Disadvantages
Globalization - Advantages and Disadvantages
Globalization - Advantages and Disadvantages
Globalization - Advantages and Disadvantages
 Globalization gives you a larger market. You can sell 
more goods and make more money. You can create more 
jobs. 
 Consumers also profit from globalization. Products become 
cheaper and you can get new goods more quickly. 
`
 INCREASED STANDARD OF LIVING
 ACCESS TO NEW MARKETS 
Stock Markets are now accessible from 
anywhere in the world!
 EXCHANGE OF KNOWLEDGE, INFORMATION 
AND CULTURE AT INTERNATIONAL LEVEL
 CONSUMERS GOT OPPORTUNITIES OF 
SELECTION AND CHOICE OF GOODS
 MUTUAL UNDERSTANDING AMONG THE 
NATIONS INCREASED AND WORLD BECAME A 
BETTER MARKET
 Globalization causes unemployment in industrialized 
countries because firms move their factories to 
places where they can get cheaper workers.
 LESS JOB SECURITY 
• In the global economy jobs are becoming more 
temporary and insecure. 
• A survey of American workers showed that people 
now hold 7 to 10 jobs over their working life.
 DAMAGE TO THE ENVIRONMENT 
• More trade means more transport 
which uses more fossil fuels and 
causes pollution. 
• Climate change is a serious threat to 
our future.
 BENEFITS OF GLOBALIZATION IS FOR FEW 
INDUSTRIALISTS, COMMON MAN FACES 
INFLATION
 MULTINATIONAL COMPANIES (MNC’S) ARE 
USING NATURAL RESOURCES OF POOR NATIONS 
INDISCRIMINATELY
 DUE TO UNCONTROLLED COMPETITION LOCAL 
SMALL SCALE INDUSTRIES ARE SUFFERING LOSS
 HEALTH ISSUES 
• GLOBALIZATION HAS GIVEN RISE TO MORE 
HEALTH RISKS AND PRESENTS NEW THREATS 
AND CHALLENGES FOR EPIDEMICS.
Globalization - Advantages and Disadvantages
Analysis 
Globalization Is Here to Stay! 
Globalization does have problems and 
negative effects, but it is not going to 
disappear. So… 
We need to learn how to reap its 
benefits, and minimize its costs. To do 
that, we must: 
• Understand its impacts 
• Work to remedy the problems 
• Work to spread the benefits as widely as possible
Globalization - Advantages and Disadvantages

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Globalization - Advantages and Disadvantages

  • 5.  Globalization gives you a larger market. You can sell more goods and make more money. You can create more jobs.  Consumers also profit from globalization. Products become cheaper and you can get new goods more quickly. `
  • 7.  ACCESS TO NEW MARKETS Stock Markets are now accessible from anywhere in the world!
  • 8.  EXCHANGE OF KNOWLEDGE, INFORMATION AND CULTURE AT INTERNATIONAL LEVEL
  • 9.  CONSUMERS GOT OPPORTUNITIES OF SELECTION AND CHOICE OF GOODS
  • 10.  MUTUAL UNDERSTANDING AMONG THE NATIONS INCREASED AND WORLD BECAME A BETTER MARKET
  • 11.  Globalization causes unemployment in industrialized countries because firms move their factories to places where they can get cheaper workers.
  • 12.  LESS JOB SECURITY • In the global economy jobs are becoming more temporary and insecure. • A survey of American workers showed that people now hold 7 to 10 jobs over their working life.
  • 13.  DAMAGE TO THE ENVIRONMENT • More trade means more transport which uses more fossil fuels and causes pollution. • Climate change is a serious threat to our future.
  • 14.  BENEFITS OF GLOBALIZATION IS FOR FEW INDUSTRIALISTS, COMMON MAN FACES INFLATION
  • 15.  MULTINATIONAL COMPANIES (MNC’S) ARE USING NATURAL RESOURCES OF POOR NATIONS INDISCRIMINATELY
  • 16.  DUE TO UNCONTROLLED COMPETITION LOCAL SMALL SCALE INDUSTRIES ARE SUFFERING LOSS
  • 17.  HEALTH ISSUES • GLOBALIZATION HAS GIVEN RISE TO MORE HEALTH RISKS AND PRESENTS NEW THREATS AND CHALLENGES FOR EPIDEMICS.
  • 19. Analysis Globalization Is Here to Stay! Globalization does have problems and negative effects, but it is not going to disappear. So… We need to learn how to reap its benefits, and minimize its costs. To do that, we must: • Understand its impacts • Work to remedy the problems • Work to spread the benefits as widely as possible

Hinweis der Redaktion

  1. Other Globalization Examples  The Olympics began in ancient Greece and continue today. The FIFA World Cup has more viewers than any other sporting event from around the world. Travel and tourism allows globalization of many things, like the exchange of money, cultures and knowledge. The United Nations is an intergovernmental organization that promotes cooperation in many areas including human rights, peace and economic development. Organizations such as the Red Cross respond quicker to disasters around the world.
  2. Other Globalization Examples  The Olympics began in ancient Greece and continue today. The FIFA World Cup has more viewers than any other sporting event from around the world. Travel and tourism allows globalization of many things, like the exchange of money, cultures and knowledge. The United Nations is an intergovernmental organization that promotes cooperation in many areas including human rights, peace and economic development. Organizations such as the Red Cross respond quicker to disasters around the world.
  3. A very customary example is the dawn of HIV/AIDS. Having its origin in the wilderness of Africa, the virus has spread like wildfire throughout the globe in no time. Food items are also transported to various countries, and this is a matter of concern, especially in case of perishable items. The safety regulations and the standards of food preparation are different in different countries, which may pose a great risk to potential health hazards.