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Globalization - Coggle Diagram
Globalization
more countries cooperate
cheaper and better goods
exchange specialties
big market
Negative:Increased Income Inequality
more competition
less resources
unfair trade
global
global cooperation
Labor Exploitation
Access to Resources
International trade
exporting and importing
international e- commerce
Exploitation of Labor
Poor Working Conditions
Race to the Bottom
More options for consumers
Knowledge Sharing
positive: diverse products and servicesome
Different cultures share ideas, food, and traditions, enriching societies.
economic growth
negitive: diffusion of culture identity
outsourcing
Environmental degradation
Income inequality