Consequences of globalisation

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Consequences of globalisation

Advantages

  • Social- global awareness of different cultures
  • crowd sourcing- sharing new ideas
  • accessible - UK supermarkets stock polish food
  • increase in life expectancy
  • increase in education and healthcare
  • rights of women improved
  • government held accountable
  • Economic- switched on places increase economic wealth through FDI
  • Greater opportunites
  • Products become more commercial
  • business can target products at different products
  • improved technology means TNCs have access to cheaper labour
  • employment in host country
  • accessible to non seasonal food
  • trade blocs allow TNCs to exploit free movement of trade. Dell relocation to Poland as its a member sate of the EU
  • political- greater dialogue between countries
  • greater cooperation between countries
  • environmental- growing awareness of conservation issues
  • MEDCs investing in conservation
  • Increasing investment in alternative energy sources
  • global organisation protect species

Disadvantages

  • Infrastructure is expensive to develop for example prjects such as the London gateway project
  • Switch off places- landlocked
  • Deindustrialisation in MEDCs Detriot,England
  • Exploitation of cheap labour
  • Increase in price of natural resources
  • increase in food insecurity
  • increase in wealth inequalities
  • Social- TNCs exploit workers paying them a poor wage means poor living conditions
  • loss of workers rights
  • increase in international crime
  • break up of family units
  • xenophobia and racial conflicts
  • increase in shanty towns
  • sense of feeling powerless
  • cycle of deprivation from deindustrialisation
  • Political- health and safety regulations aren't as strict
  • Britain member of the EU migration tensions
  • In Somalia doesn't receive aid from US because of the presence of Al Queda
  • increase in terrorism
  • rejection of western values
  • Environmental issues- waste from MEDCs is redistrubted from landfill sites
  • Aircraft pollution as commercial flights become cheaper
  • Competition for natural resources
  • exploit finiate resources
  • landfill sites
  • climate change
  • deforestation

Evaluation

Solutions industrial waste treatment, recycle waste, fair trade, aid, free trade, GM crops, improvements in worker rights, reduction in energy use, reduction in green house gas emissions, carbon capture, renewable energy sources

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