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Effects of Globalisation (Capitalism (Exploits those who cannot compete,…
Effects of Globalisation
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Loss of industry in ACs
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Cleaner air, water, land and noise and more space
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Brands
Big brands can move out into EDC countries where it is cheaper to manufacture goods = increased profit
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Capitalism
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Provides choice, consumers regulate the market
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Poverty
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Disease, death and deprivation
Environment
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O zone destruction, more trade and planes and cars means CO2 emission rise - climate change, global warming, ice caps melting etc
Multiculturalism
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New: Languages, ideas, cooking, equality, education benefits, skilled workers increase people bring skills
Multinational companies grow- they easily capture global markets, increase customer base across nations and earn profits easily
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