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Globalisation and Development - Coggle Diagram
Globalisation and Development
Development
Improvement in people's quality of life
More jobs and income
Better healthcare
Better education
Improved infrastructure
Reduced poverty and inequality
Globalisation
Countries becoming more connected
Increased movement of goods, money, people and information
Trade between countries
Growth of multinational companies
Improved technology and communication
Increased international competition
Negative effects
Unequal distribution of wealth
Exploitation of cheap labour
Local businesses may struggle
Increased environmental damage
Dependence on richer countries
Benefits may not reach everyone