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    Globalization Positive Aspects of Globalization Negative Aspects of Globalization

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    Elise Smoll (Elise)
    Globalization has increased as multinational corporations have global reach, travel and shipping costs have decreased, and governments have lowered tariffs and regulations on international trade. While globalization allows access to new labor, jobs, and resources, it also brings greater competition and disproportionate economic growth between nations as well as environmental concerns.

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    Globalization Positive Aspects of Globalization Negative Aspects of Globalization

    Uploaded by

    Elise Smoll (Elise)
    18 views1 page
    Globalization has increased as multinational corporations have global reach, travel and shipping costs have decreased, and governments have lowered tariffs and regulations on international trade. While globalization allows access to new labor, jobs, and resources, it also brings greater competition and disproportionate economic growth between nations as well as environmental concerns.

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    Globalization has increased as multinational corporations have global reach, travel and shipping costs have decreased, and governments have lowered tariffs and regulations on international trade. While globalization allows access to new labor, jobs, and resources, it also brings greater competition and disproportionate economic growth between nations as well as environmental concerns.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    18 views1 page

    Globalization Positive Aspects of Globalization Negative Aspects of Globalization

    Uploaded by

    Elise Smoll (Elise)
    Globalization has increased as multinational corporations have global reach, travel and shipping costs have decreased, and governments have lowered tariffs and regulations on international trade. While globalization allows access to new labor, jobs, and resources, it also brings greater competition and disproportionate economic growth between nations as well as environmental concerns.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Globalization

    widespread global economic interdependence


    *
    *
    * Multinational corporations have global reach and increasing power.
    *
    * Travel and shipping are cheap and safe.
    *
    * Governments have decreased tariffs and regulations on international trade
    *
    * contemporary global trade is pretty anarchic and unregulated
    *
    * Government regulation diminishes prosperity by limiting growth. Now, some nations
    *
    * emerging markets lowering their tariffs, getting rid of regulation, and privatizing
    * formerly state-run businesses
    *
    *the International Monetary Fund, which offers low-interest loans to developing
    *world economies
    *
    * international manufacturing is always finding, like, new markets
    *

    Positive aspects of globalization Negative Aspects of globalization


    * Access to labor * Increased Competition
    * Access to jobs * Disproportionate Growth
    * Access to resources *
    * * Environmental Concerns
    * *
    Summary:

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    Globalization is the word used to describe the growing interdependence of the world's
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    economies, cultures, and populations, brought about by cross-border trade in goods and
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    services, technology, and flows of investment, people, and information.
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