Module 3 Flashcards
the process by which people and goods move easily across borders
Globalization
Positive effects of GLOBALIZATION
*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
Negative effects of GLOBALIZATION
*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
The effects of Globalization on Global communication
*Increased Business Opportunities
*Fewer Cultural Barriers
*Creation of Global Village
_________ (World Economic Forum,2017)
Globalization is the process by which people
and goods move easily across borders
Alex Gray