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Marc Ervin A.

Ison
BSTM 2-C
Ms. Judie Lorr Harlan
GEC 103

Activity 1

Direction: Explained the picture based on your own understanding. (150 words)

Globalization has had a positive impact on human life in the Third World, allowing countries to
access new markets and expand their economic activities. It has also facilitated the spread of
technology, allowing people in developing countries to gain access to modern amenities and
communication tools. However, it has also had negative impacts, such as a decline in wages and
job security, an increased risk of financial crises, and environmental problems. It is up to
governments and civil society to ensure that the benefits of globalization are shared equitably.
Globalization has been a major force in shaping the world, particularly in the Third World.

It has enabled them to improve their economies, reduce poverty, and become more integrated
into the global economy. However, it has also had some negative impacts, such as an increase
in inequality and environmental degradation and it's important to ensure that all countries
benefit from globalization.

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