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    faith cornejo
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    Globalization has both positive and negative effects. Positively, it increases foreign investment and trade, leading to higher economic growth. It also improves awareness of international issues through new technologies and allows people access to new products. However, critics argue that rich countries exploit poorer ones through unequal global trade rules. Workers must also compete with extremely low wages in other countries, and constant resource extraction harms the environment.

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    GLOBALIZATION POSITIVE AND NEGATIVE EFFECTS

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    Globalization has both positive and negative effects. Positively, it increases foreign investment and trade, leading to higher economic growth. It also improves awareness of international issues through new technologies and allows people access to new products. However, critics argue that rich countries exploit poorer ones through unequal global trade rules. Workers must also compete with extremely low wages in other countries, and constant resource extraction harms the environment.

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    © All Rights Reserved
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    23 views1 page

    Globalization Positive and Negative Effects

    Uploaded by

    faith cornejo
    Globalization has both positive and negative effects. Positively, it increases foreign investment and trade, leading to higher economic growth. It also improves awareness of international issues through new technologies and allows people access to new products. However, critics argue that rich countries exploit poorer ones through unequal global trade rules. Workers must also compete with extremely low wages in other countries, and constant resource extraction harms the environment.

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    FAITH MERINIEL B.

    CORNEJO 10- ARCHIMEDES


    CONTEMPOARARY ISSUES

    GLOBALIZATION
    POSITIVE NEGATIVE
    EFFECTS EFFECTS
    Globalization increased the Foreign
    Direct Investment which led to the Anti globalists believe that there is no
    increase if trade and higher growth rate. such thing as global competition. Rich
    Global citizens happened to be more countries are able to exploit less well-
    aware of overseas issues since there has off countries.
    been an improvement in technologies and The World Trade Organization finds it
    communication. difficult to provide equal footing for the
    People can experience products, or foods member countries.
    not previously available in their countries Laborers have to compete with the low
    through the sharing of ideas, experiences wages being offered by other countries
    and lifestyles of people and cultures.
    It also improved the quality of products such as China, India,Vietnam, and many
    due to global competition. Companies are more.
    compelled to raise their standards and Globalization also has affected the
    customer satisfaction levels in order to formulation of policies of developed
    survive in the market. countries and the migration of people.
    Due to globalization, there is also an The environment also suffers from the
    understanding between the security consequences of globalization. The
    agencies and the police of two or more constant search for resources to meet
    different countries who will come global demands is always high
    together to curbglobal terrorism.

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