WHAT ARE THE

EFFECTS OF
GLOBALIZATI
ON?
HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):
ADVANTAGES
1. The proponents of global free trade
say that it promotes global economic
growth. It is said to create jobs, make
companies more competitive and
lower prices for consumers. It is also
provides poor countries, with the
chance to develop economically and
creates the conditions in which
democracy and respect for human
rights may flourish.
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DISADVANTAGES
The general complaint about
globalization is that it has made
the rich richer while making the
poor poorer. It is wonderful for
managers and investors, but hell
on workers and the environment
due to persistent gathering of
finite resources.
HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):
ADVANTAGES
2. Globalization is said to help
raise the global economy only
when the involved power blocks
have mutal trust and respect for
each other’s opinion
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DISADVANTAGES
Multinational corporations are
accused of social injustice, unfair
working conditions (including
slave labor wages, living and
working conditions), as well as
lack of concerns for environment,
mismanagement of natural
resources, and ecological damage.
HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):

ADVANTAGES DISADVANTAGES

3. Globalization paves the way for Multinational corporations, which

a worldwide market for the previously restricted to
companies and people to gain commercial activities are
more access to the products of increasingly influencing political
different countries. and economic due to
globalization.

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HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):

ADVANTAGES DISADVANTAGES

4. Politics is merging and Globalization allows many rich

decisions that are being taken are companies to act with less
actually beneficial for people all accountability.
over the world.

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HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):
ADVANTAGES
5. There is more influx of
information and values between
two countries, which may not
have anything in common
between them.
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DISADVANTAGES
Some claim that globalization is
not working for the majority of the
world especially marginalized
sectors. The UN Development
program report that “the richest 20
percent of the world’s population
consume 86 percent of the world’s
resources while the poorest 80%
percent consume just 14 percent”
HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):

ADVANTAGES DISADVANTAGES

6. There is cultural intermingling Some experts think that

and each country is learning more globalization is also leading to the
about other countries. incursion of communicable
diseases like HIV or AIDS

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HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):

ADVANTAGES DISADVANTAGES

7. Since we share financial Globalization has led to

interests, corporations and exploitation of labor. In the
governments can collaborate and Philippines example, there are
collectively address ecological cases of child laborers who work
problems for each other. in inhuman conditions.

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HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):

ADVANTAGES DISADVANTAGES

8. Socially we have become more Social Welfare schemes or “safety

open and tolerant toward each nets” are under great pressure in
other and other countries. developed countries because of
deficits and other economic
ramifications of globalization.

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HERE ARE SOME OF THE ADVANTAGES AND DISADVANTAGES OF
GLOBALIZATION (COLLIN, 2015):

ADVANTAGES DISADVANTAGES

9. Most people se speedy, mass Multinational economic

communications and quick institutions, such as the World
dissemination of information Trade Organization (WTO), the
through the internet as benefits of World Bank, and the international
globalization. Monetary Fund, are viewed as the
spearheads of economic
globalization which are claimed to
serve the interests of Multinational
Corporations and interested are
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only in the profit motive.
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MAKE A STAND! DO YOU SUPPORT GLOBALIZATION? WHY OR WHY

NOT?

•Write a short essay discussing your

answer. Discuss which specific
advantages and disadvatages you think
are reasons for supporting or not
supporting globalization
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