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IS GLOBALIZATION GOOD OR BAD ?
4
Globalization
Presented by :
Thien Tai Huynh
What is globalization ?
Introduction
Globalization is a worldwide economy in which resources and products move fairly freely across national borders .
How does globalization affect people in developed countries ?
Developed countries
Cost
1
Cost
Globalizations is bad for workers because when companies move their operation to developing countries , the workers lose their jobs .
Benefit
2
Benefit
But globalization is good for consumers in developed countries , they can pay workers low wages which means they can sell products with lower prices .
This is good for consumers because they can afford to buy more stuffs
How does globalization affect people in developing countries ?
Developing countries
Benefit
Globalization is good for workers in developing countries . It creates more jobs so that people in poverty are able to earn money and support their families
Benefit
2
Cost
Companies pay low wages .
Workers have long hours and unsafe working conditions .
Cost
1
Is globalization good or bad ?
Conclusion
Globalization wasn't good or bad but a change . This hasn't happened much in historical debates whether anything was good or bad . It's not always black and white like that . Then it likely wasn't either but merely a change .