Professional Documents
Culture Documents
Positive influnce:
It has been estimated that the proportion of people living in
extreme poverty in the developing world has declined.
The creation of jobs for unskilled labour in developing nations
Economic growth also results in governments putting greater
investments into infrastructure and also increases the quality and
availability of public services.
People are able to more easily move around the world due to
advancements in technology and thereby utilise their skills in other
countries.
The availability of information makes political-type decisions more
transparent.
Contemporary World
Negative influnce:
Globalization has exacerbated global inequalities, thereby making
the rich become richer, and the poor become poorer. In practice,
this has meant a concentration of global wealth and power into the
hands of the wealthier nations.
As cultures become more integrated, there is a loss of cultural
identity often caused by the imposition of "western ideals" on other
nations.
The provision of cheap, skilled labour in the developing world puts a
lot of persons in the developed world at risk of losing their jobs due
to labour outsourcing.
Increased global trade and production may contribute to
environmental degradation, with developed countries often being
major consumers and contributors to pollution.
Contemporary World
Trade
(What is WTO and its objectives?)
The WTO, or World Trade Organization, is an international organization
that regulates and facilitates global trade. It was established to provide a
framework for negotiating and formalizing trade agreements and to
resolve trade disputes between member countries.
Established 1 January
1995
How many WTO is important
because it contributes to
Who are the members of the WTO? | How many countries trade on their…. (2023). Curtis, Mallet-Prevost, Colt & Mosle LLP;
https://www.curtis.com/glossary/international-trade/world-trade-organization-wto-
members#:~:text=WTO%20members%20consist%20of%20164,Trade%20Organization%20members%20nor%20observers.
Hutt, R. (2016, December 9). The World Trade Organization. Here’s what it actually does. World Economic Forum.
https://www.weforum.org/agenda/2016/12/world-trade-organization-wto-explained/
Terrorism in the age of technology | Strategic Monitor 2019-2020. (2019). Clingendael.org. https://www.clingendael.org/pub/2019/strategic-monitor-
2019-2020/terrorism-in-the-age-of-technology/
Bloomberg Originals. (2015). How Terrorists Use Technology to Communicate [YouTube Video]. In YouTube. https://www.youtube.com/watch?
v=ICs6-pxLrkM
https://web.facebook.com/hubvela. (2023, January 10). 10+ Advantages and Disadvantages of Digital Technology» Hubvela. Hubvela.
https://hubvela.com/hub/technology/advantages-disadvantages/digital-technology/
Thank
you!