Module 3 Flashcards

1
Q

the process by which people and goods move easily across borders

A

Globalization

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2
Q

Positive effects of GLOBALIZATION

A

*Globalization has led to many millions of
people being lifted out of poverty.
*A company like Starbucks buys coffee from local farmers; it is providing a livelihood and a benefit to the community as a
whole.
*Globalization has not only allowed nations
to trade with each other, but also to
cooperate with each other

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3
Q

Negative effects of GLOBALIZATION

A

*While some areas have flourished, others have floundered as jobs and commerce
move elsewhere.
* Every step forward in technology brings
with it new dangers.
* Globalization operates mostly in the interests of the richest countries

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4
Q

The effects of Globalization on Global communication

A

*Increased Business Opportunities
*Fewer Cultural Barriers
*Creation of Global Village

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5
Q

_________ (World Economic Forum,2017)

Globalization is the process by which people
and goods move easily across borders

A

Alex Gray

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