GLOBALIZATION Flashcards
1
Q
WAHT IS THE DEFINITION OF GLOBALIZATION
A
globalisation is the connection of different parts of the world resulting in the movement and the integration of goods and people among countries
2
Q
name two ways that businesses increase profits through globalisation
A
- producing in countries where the cost of labour is low
2. selling goods and offering services to other countries
3
Q
list 3 cons of globalisation
A
- exploitation of workers in countries where workers are not protected
- environmental damage
- the spread of disease through movement of people
- consumerism is encouraged in all countries