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GLOBALIZATION - Coggle Diagram

- - - - lower prices (for example calling from London to New York via phone went down 99%)
  - - - loss of import quotas
        
        decreasse of transport & product costs (up to 88% decrease of charges)
      - loss of import bans
      - loss of import tariffs
  - - - can't compete with industrialized countries
      - flooded market -> cant develop own markets -> staying a poor country
      - being exploited by industrialized countries
- - - - a lot of transportation
        
        a lot of exhaust which accelerates climate change
- - - - To solve these problems, Unions were formed such as EU, G-20 and the UNO (consisting of 193 Nations)
        
        Non Governmental organizations (NGO's) were formed to do politics in their own field of work (Greenpeace, Amnesty International, attac)