Globalisation

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Globalisation

What is globalisation?
Globalisation is the way that local or national ways of doing things become global, that is, done
together around the world. It is about economics or trade, technology, politics, and culture.
People feel differently about globalization: some think it helps everyone while others think it
hurts some people.

What is the advantage and disadvantage of globalization?


Advantage: Globalization has helped provide better services to people worldwide and increased
the GDP rate.
Disadvantage:Globalization can increase the unemployment rate since it demands higher -
skilled work at a lower price.

How can we solve the negative impact of globalization?


1. Globalization makes it easier than ever to access foreign culture including
food,movies, art ,etc.
2. The spread of technology and innovation.
3. Lower cost for products .
4. Higher standards of living across the globe .
5. Access to new markets .
6. Access to new talent.

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