Globalisation
The process by which businesses or other organizations develop
international influence or start operating on an international scale. It is a process of making the world economy more inter-dependent.
international influence or start operating on an international scale. It is a process of making the world economy more inter-dependent.
NEGATIVES
- Uses up finite resources quickly
- Increases world carbon dioxide emissions
- Makes it virtually impossible for regulators in one
country to foresee the worldwide implications of their actions
- Increases world oil prices
- Globalization bought people from various countries together, and this is
perhaps the reason that a virus from a jungle - AIDs - was transported to almost every
country in the world
- Ideally, globalization should have resulted in creation of wealth and
prosperity, but corporate greed and corrupt government has ensured that money is
not distributed equally.
http://www.buzzle.com/articles/negative-effects-of-globalization.html
http://oilprice.com/Finance/the-Economy/12-Negative-Aspects-of-Globalization.html
- Uses up finite resources quickly
- Increases world carbon dioxide emissions
- Makes it virtually impossible for regulators in one
country to foresee the worldwide implications of their actions
- Increases world oil prices
- Globalization bought people from various countries together, and this is
perhaps the reason that a virus from a jungle - AIDs - was transported to almost every
country in the world
- Ideally, globalization should have resulted in creation of wealth and
prosperity, but corporate greed and corrupt government has ensured that money is
not distributed equally.
http://www.buzzle.com/articles/negative-effects-of-globalization.html
http://oilprice.com/Finance/the-Economy/12-Negative-Aspects-of-Globalization.html