Th4.1: Impacts of Globalisation on Workers

Question 1

What are the six impacts of globalisation on workers?

Answer 1

some people have gained whilst others have lost
increased migration
fall in wages
inequality
training
sweatshops

Question 2

Some people have gained whilst others have lost

Answer 2

in terms of employment, some people have gained whilst others have lost. there have been large scale job losses in the western world in manufacturing sectors as these jobs have been transferred to countries such as China and Poland

Question 3

Increased migration

Answer 3

increased migration may affect workers by lowering wages but migrant can also provide important skills and an increase in AD which increases the number of jobs

Question 4

Fall in wages

Answer 4

international competition has led to a fall in wages (or reduced growth) for skilled workers in developed countries whilst increased those in developing countries

Question 5

Inequality

Answer 5

the wages for high skilled workers appear to be increasing, since there is no more demand for their work - this is increasing inequality

Question 6

Training

Answer 6

TNCs tend to provide training for workers creating new jobs

Question 7

Sweatshops

Answer 7

those working in sweatshops will see poor conditions and low wages, but this is better than other alternatives