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GLOBALISATION & DEVELOPMENT - Coggle Diagram
GLOBALISATION & DEVELOPMENT
Globalisation
Countries become more connected
Movement of goods, money and information
Increased international trade
Technology connects countries
Causes
Improved transport
Internet and communication
International trade
Multinational companies
Advantages
Economic growth
More jobs
Access to new markets
New technology
Foreign investment
Disadvantages
Exploitation of workers
Environmental damage
Increased inequality
Local businesses face competition
Dependence on developed countries
Development
Improved living standards
Economic growth
Better healthcare and education
More employment