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GLOBALIZATION - Coggle Diagram
GLOBALIZATION
Economy
advantages
produce and sell worldwide
open markets :unlock:
container shipping :
cost for transportation robbed by 65%
better relationships between companys
information can be distributed worldwide in real time
generates new jobs :check:
cheap production possibilities
innovations are accessible to most of the people
telephone, internet
disadvantages
human exploitation
child labor/ modern slavary
bad working conditions
hard for smaller companies to keep up with the global players
unfair Distribution of wealth in many countries
expansion of disparities
relocation of companies abroad
Politics
working together
make decisions in broader groups of countries
EU
G-20
UNO
fight climate change
mutual support for the countries
open borders
fewer border controls, terrorism
alliances for defense
Nato
cultures
from many countries
exchange of different cultures
sports
food
western culture becomes dominant
destroys diversity
afraid of the emergance of a global uniform culture
Holidays in other Countrys
Environment
climate change :warning:
pollution
Thilafushi (artificial island) :
disaster like Tschernobyl :explode: