Please enable JavaScript.
Coggle requires JavaScript to display documents.
globalization (positive (Business of becoming increasingly international,…
globalization
positive
Business of becoming increasingly international
Multi-national companies do business across the world
Companies like MacDonald’s can be seen on high streets in most cities
Goods are produced in one country and sold in many others
A global economy means free trade between countries
This can strengthen political relationships
Globalization can also create opportunities for employment
It encourages investment in less developed countries
It could reduce poverty in the developing world
Negatives
Globalization is not always beneficial to everyone
Companies can move to countries where labour is cheap
This creates redundancies, or job losses
Employees cannot be confident that they have stable jobs
Companies sometimes exploit their employees in developing countries
Global trade creates more waste and pollution
The future or solution
There should be global regulations for salaries and working conditions
Governments should impose laws to protect the environment