EQ2: What are the impacts of globalisatin... - Coggle Diagram
EQ2: What are the impacts of globalisatin...
On the physical environment?
It can promote the development of renewable energy sources, such as solar, wind, hydro, and biofuels, by creating a global market for clean technologies and reducing greenhouse gas emissions.
It can foster international cooperation and collaboration on environmental issues, such as climate change mitigation and adaptation, biodiversity conservation, pollution control, and waste management.
It can raise public awareness and education on environmental problems and solutions, by exposing people to different cultures, perspectives, and information sources, especially through the use of TNC's.
It can increase the demand for natural resources and energy products from developing countries to developed countries, leading to overexploitation, depletion, land degradation, and conflict over these resources.
It can create a dependency on fossil fuels as a source of energy for many countries, which leads to higher levels of air and water pollution.
It can generate more waste products from increased consumption and production processes in globalized markets, which can damage ecosystems and habitats, resulting in a loss of biodiversity.
On social wellbeing?
The sharing of medical knowledge has dramatically decreased the incidence of once-feared diseases and even eliminated smallpox
Globalisation affects the institutional, economic, social-cultural and ecological determinants of population health positively
The spread of industrial technology and the resulting increase in productivity have contributed to a reduction in the percentage of the world’s population living in poverty
Globalisation identified by increased global flows and exchanges contributes rather than hampers progress in human welfare
Globalisation has facilitated the exchange of ideas and cultures, contributing to a world view in which people are more open and tolerant of one another
Societies alter rapidly through urbanisation, acculturation, modernisation, and social and cultural change
The quality of life in many countries is affected by economic disintegration, unequal distribution of collective wealth, social disruption, political repression, migration and even war
Income inequality is directly related to globalisation as it further increases the gap between more advanced and developing areas of a nation
The mixing of people and cultures from all over the world enables the sharing of ideas and lifestyles, creating vibrant cultural diversity
TNC's provide new jobs and skills, and bring foreign currency to local economies when they buy local products and services
Better understanding of foreign values and attitudes, leading to less stereotyping and fewer misconceptions about other people and cultures
It helps make people more aware of global issues, such as desertification and global warming, and able to work together to tackle these issues
Access to new cultural products such as art, entertainment, and education
Large TNC's promote their products globally, and brands like Coca-Cola, KFC and Nike are prevalent across the world. The negative effect of global marketing is that local companies are edged out of the market and the TNC's impose American or European consumer trends on other cultures
Some small cultures may lose their distinct features, and traditions. They way oflife is often massively altered.
Westernization. Western nations, particularly the United States, impose cultural values on others through media and popular culture
May even cause some languages to die out.
Consumers enjoy a greater choice of goods and services at cheaper prices. This especially helps in the West.
Migration of people can fill labor and skill shortages.
TNC's bring foreign currency to local economies when they buy local products and services.
It helps make people more aware of global issues, such as desertification and global warming, and able to work together to tackle these issues.
TNC's provide new jobs and skills.
It enables governments to work together to tackle global issues or respond to events, such as a natural disaster
Emerging economic powers like China benefit from cheap and plentiful labour, whilst also being attractive to many TNC's.
Some nations feel that they are losing control over key decisions.
Migration of people across the world can cause social tensions and conflict, hindering development due to potentially war.
It is a threat to the world’s cultural diversity - threatening local traditions and languages and making the whole world more uniform to fit the western model.
It contributes to world peace, and it reduces the risk of invasions
International organizations are often committed to spread values like freedom and to fight abuses within countries
Access to international aid and financial support
Establishment of International Treaties
One of the significant benefits of globalisation is the free trade between countries
Sometimes countries can veto decisions and slow down decision-making processes
Big countries can shape decisions in multinational organizations
When nation-states make multinational agreements, they often make concessions
People can take holidays in far-off locations, which is good for the places that are recieving an increase in tourism.
The mixing of people and cultures from all over the world enables the sharing of ideas and lifestyles, creating vibrant cultural diversity.
With increasing connections comes increasing development, which can lead to better living standards within a country.
TNC's may drive local companies out of business and are sometimes more powerful than the governments of the countries in which they invest.
Industry may begin to thrive in newly industrialized countries at the expense of jobs in the manufacturing sector in high-income countries
People can take holidays in far-off locations, which is bad for the places that are losing tourism.