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GLOBALIZATIO
N
Ms. Thayyiba Ibrahim
GLOBALIZATION
DEFINED
• Globalization is the broader view of trade
• It started from China to Europe via the silk road in the 1st
century BC.
• Globalization has pros and cons like any other thing in the
world.
• Globalization has reduced the chances of war like in older
times wars were frequent, but nowadays, economic
interdependence has halted the wars for a longer period.
DRAWBACKS OF
GLOBALIZATION
OVER CONSUMPTION DEFORESTATION GLOBAL WARMING TRADE WARS AND LOAN
OF RESOURCES TRAPS
• Connected, S. (2019, April 4). Globalization and Its Environmental Impact. Science Connected Magazine.
https://magazine.scienceconnected.org/2019/04/globalization-and-itsenvironmental- impact/
• Globalization and Its Impact on the Environment. (n.d.). Retrieved March 31, 2021, from
https://www.environment.co.za/environmental-issues/globalization-and-its-impact-onthe environment.html
• Valdez, S., & Molyneux, P. (2015). An introduction to global financial markets. Macmillan International
Higher Education.