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Pros and Cons of Globalization, Cons, Pros - Coggle Diagram
Pros and Cons of Globalization
Economy
Pros
Lower manufacturing cost, leading to good being easier to mass produce, reducing costs
Countries GDP's have grown significantly due to trade
Has helped to reduce the wage gaps between genders
Cons
No protected labour
Very low job security
Countries that are still developing can be taken advantage of for much cheaper labour
Can lead to very large wage divides between classes
Environment
Reduce Pollution
Cons
:
Loss of Habitat
Land destruction for agricultural production, deforestation and biodiversity loss, and deforestation for forest production are all examples of deforestation.
Climate Change
Increased greenhouse gas emissions
The greater the distance travelled by a product, the more fuel is consumed.
Deforestation
Socially
Cons
Poor working environment
Unfair treatment at work
Domestic Violence
Pros
Higher standard of living
Access to new cultures
Spread of knowledge
Cultural
Many languages/cultural norms are fading away
Cons
Pros
Vibrant cultural diversity
Access to cultural products that have never been seen in urban areas
People will find out and learn about new cultures through new technology
The amount of inequality will be widened
Due to many diffrent races and religions in one area
Clash of different cultures
Pros