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    Globalisation: Trần Khánh Hoa - 7A09

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    Tinx Lena
    Globalization refers to the global movements of goods, services, capital, labor, and ideas, as well as the global allocation of resources and deeper international division of labor. It leads to more competitive markets where learning and innovation are crucial to survival. The pros of globalization include free trade and higher living standards, while the cons include the growth of large multinational corporations and issues like inflation, child labor, and unemployment. Globalization also impacts Vietnam through its effects on the economy, culture, and environment.

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    Globalisation: Trần Khánh Hoa - 7A09

    Uploaded by

    Tinx Lena
    26 views15 pages
    Globalization refers to the global movements of goods, services, capital, labor, and ideas, as well as the global allocation of resources and deeper international division of labor. It leads to more competitive markets where learning and innovation are crucial to survival. The pros of globalization include free trade and higher living standards, while the cons include the growth of large multinational corporations and issues like inflation, child labor, and unemployment. Globalization also impacts Vietnam through its effects on the economy, culture, and environment.

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    Globalization refers to the global movements of goods, services, capital, labor, and ideas, as well as the global allocation of resources and deeper international division of labor. It leads to more competitive markets where learning and innovation are crucial to survival. The pros of globalization include free trade and higher living standards, while the cons include the growth of large multinational corporations and issues like inflation, child labor, and unemployment. Globalization also impacts Vietnam through its effects on the economy, culture, and environment.

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    26 views15 pages

    Globalisation: Trần Khánh Hoa - 7A09

    Uploaded by

    Tinx Lena
    Globalization refers to the global movements of goods, services, capital, labor, and ideas, as well as the global allocation of resources and deeper international division of labor. It leads to more competitive markets where learning and innovation are crucial to survival. The pros of globalization include free trade and higher living standards, while the cons include the growth of large multinational corporations and issues like inflation, child labor, and unemployment. Globalization also impacts Vietnam through its effects on the economy, culture, and environment.

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    of 15

    GLOBALISATION

    Trn Khnh Hoa 7A09

    1. What is Globalisation?
    Global movements of goods, services and factors capital, labor and ideas
    Global allocation of resources

    Global sourcing / purchasing


    Deeper division of labor / vertical and horizontal / location flexible

    More fierce competition / entry and exit / Learning and Innovation crucial

    2. Globalisation: Pros and Cons


    2.1 Pros
    Free trade Higher living standard 2.2 Cons

    The growth of multinational corporation

    The growth of multinational corporation

    Galloping Inflation

    Galloping Inflation

    Galloping Inflation

    Galloping Inflation

    Child slavery, sweatshop, unemployment

    Child slavery, sweatshop, unemployment

    3. Globalisation and Its impacts on Viet Nam


    Economy Culture

    Environment

    THANKS FOR LISTENING

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