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GLOBALIZATION - Coggle Diagram
GLOBALIZATION
interdependence
rely on imports
create new technology
create new jobs
economic flow quickly
increased standard of living
widen the pacification
international trade
Political
More Economy growth
create new jobs
create new jobs
The rules are not reasonable
mostly benefit developed countries.
The environment of developing countries has been destroyed.
More intense market competition
lower prices
growing income disparities
cultural
Increased instability in the world economy
household income increases
decreased employment
unfair trade