3.2.1.6 Globalisation Critique

Question 1

Globalisations benefit - Integration

Answer 1

Globalisation allows countries to pool their resources to solve global issues that are too great for only on country to deal with.

Greater integration also creates a better understanding between people of different backgrounds and culture.

Question 2

Globalisation benefit - Development

Answer 2

FDI brings capital into a country, which can be used to improve education and infrastructure.

This in turn can lead to further investment which leads to further development.

Global institutions such as the world bank can direct resources to help countries develop further.

Question 3

Globalisation benefit - Stability

Answer 3

As countries become more interconnected, they become more dependant on one another.

This discourages any actions that would upset global stability as it would lead to negative consequences.

Question 4

Globalisation benefit - Economic Growth

Answer 4

Participation in global scale trade allows countries to profit from their natural resources and specialist industries, generating wealth.

Countries also gain resources that they otherwise would not have been able to obtain themselves.

Greater access to money and products improve people’s living standards.

Question 5

Globalisation cost - Inequalities

Answer 5

As companies move low-skilled jobs to less developed countries, low-skilled workers in developed countries find it hard to find jobs.

Developed countries also have greater access to capital and technology meaning they have an advantage over developing countries which increases the inequalities.

Question 6

Globalisation cost - Conflict

Answer 6

Developed countries have intervened in conflicts to secure natural resources.

Cyber warfare is now a new source of conflict now that everyone is reliant on the internet.

Question 7

Globalisation cost - Injustice

Answer 7

Improved transportation has made human trafficking easier.

Many people in developing countries have to work in sweatshops to make products for people in developed countries.

Question 8

Globalisation cost - Environmental Damage

Answer 8

• Global trade increases the amount of transportation pollution created.
• Deforestation and overfishing occurs due to global demand of the resources.
• Global trade can lead to a race to the bottom in which companies lead to ignoring environmental impacts in order to lower their price to stay competitive.
• The abundance of cheap products mean that people are becoming more wasteful.