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Negative Effects of Globalization, Positive Effects of Globalization , , …
Negative Effects of Globalization
Cultural Sameness
eroded in traditions
Loss of identity
overshadow on people's individuality
Job Displacement
Many workers lost their jobs
Economic downturn for the entire community
People may gather to march against
Negative impact on employees' mental and emotional well-being
Environmental Impacts
increased carbon emissions
deforestation
additional strain on the environment
depletion of natural resources
pollution due to intensified production and transportation activities.
Over dependency on others and global market
Developing countries heavily reliant on exports can be vulnerable to global market fluctuations.
dependence on external factors.
economic instability
Social Disruption
Different opinion causing tensions between countries
Rapid culture changes
influx of migrants
social challenges and conflicts within societies
Economic Inequality
unfair wages
Positive Effects of Globalization
Access to New Cultures
food
movies
cultures
music
art
The Spread
Technology
Innovation
Lower Costs for Products
New Markets
New Markets
New Worker
New costomer
New job
Economic Growth
Cooperation
Cross-Border Investment
Trade