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The Impacts of Globalization - Coggle Diagram
The Impacts of Globalization
Global
The growing power of TNCs and global brands
A change in the world's economic order
The development of global cities
An increased international movement of workers
An increasing uniformity of landscapes
The development of mass tourism
A development in the Global Civil Society
Emergence of an increasing number of NICs
The emergence of 'English' as the language of the world
National
The loss of sovereignty
Increased cultural diversity from international migration
Higher levels of incoming and outgoing international tourism
TNCs employing an increased share of the workforce
Increased levels of pollution as population increase
Local
Small businesses will find it hard to grow and compete with the larger companies
Closure of a TNC branch can cause a high level of unemployment
Communities become more multicultural
Families become more spread around the world as there is an increase in international migration
Greater variety of international cuisines
By: Youssef Darwish