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Globalization - Coggle Diagram
Globalization
Driving factors
stakeholders work together
infromation at realtime available
open market
no import tariffs
no import quotas
no import bans
new technology
international trait
Effects on the economy
particular importans
world wide exports increased since 1950
direct investments
1970: 13 billion $ --> 1,800 trillion $
search for new potentialities for cheap production
multinational coperaton (increades by 58 thousand $)
effects on the politics
more independent
porblems cant solved by one state
climate change
terroroism
financial crisis
boarder group of countries
G-20
EU
UNO
effect on the culture
western culture is dominant
destroys cultural diversity
Music, TV, products, englisch language
people return to local / regional culture
loser
particulary african countries
not part of the competition
not attractive for investment
industrial countries destroy the local production facilities
winner
industrializied countreies
cheap production
part of the competion