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Globalisation

What is Globalisation ?

Globalization or globalization is
a word used to describe the process
of interaction and integration among
people, companies, and governments
all over the world.
It may also be considered as a form
of capitalist expansion, that leads to
the constitution of a global market
economy.
How globalisation affect us all
As you wake up at morning, you drink your hot cup of Nescafe,
wear your pair of Adidas shoes, then put on some perfume made by
Dior. You leave your house, only after making sure that you didn’t
forget your Iphone..

→ See? This is why it is important to discuss such a subject, now


if you look around at every aspect of you life you’ll be surprised at
the diversity of where all those items you are actually using, were
produced!
And that’s exactly what we call “Globalisation”
SO, IS IT A THREAT OR AN
OPPORTUNITY?
v Some of its advantages:
ØWorldwide Market
ØSustainable prosperity
ØIncreasment of consumerism
ØImproving the standard of living
In the other hand,
It may face some challenges:
§Environmental degradation
§Wealth Inequality
§Threat to social and cultural values
§The creation of sweat factories or sweatshops.
Conclusion: Two Sides of the Same Coin

In conclusion, It is important to realize that


globalisation is neither good nor bad, it is both. If
channeled in the right way, it can open up several
new avenues, If channeled in the wrong way,
It can destroy economies.
Works Cited
• https://halshs.archives-ouvertes.fr/halshs-00009134/document

• https://youmatter.world/fr/definition/mondialisation-definition-consequence-histoire/

• https://fr.slideshare.net/AislingMOConnor/the-causes-and-effects-of-globalisation?next_
slideshow=1

• https://wonderfulengineering.com/30-reinvented-products-that-you-use-in-everyday-life
-and-are-now-better/

• https://www.marketplace.org/2017/08/25/how-has-globalization-affected-your-life/

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