Globalisation - Chances & Challenges

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secures jobs, livelihoods, and economic stability Raising profits despite lowering costs supports poor communities especially in developing countries Horrendous working conditions Fair trade campaigns help developing countries to get a fair share of the profits Economic perspective Enormous gap between rich and poor Global markets made it easier for people to go where work is Political interests, financial power, and subsidisation have led to an unfair distribution of wealth and power Giving people much needed jobs and improving local infrastructure Offshoring and global competition for cheap materials and labour in poor countries workers not being able to afford basic essentials Economic perspective Rise of "global players" has lowered chances of survival of small businesses Child labour Tax invasion and stagnating wages in developed countries Human trafficking and unequal treatment of minorities Interdependent Financial networks make economies increasingly vulnerable to Financial disasters chances People can move and travel freely News can save lives in a crisis or expose a crime pollution and global warming caused by transportation Of materials Need For water in production processes has expanded causing a lack of water resources cheap and unrestricted access to global communication via mobile and internet Globalication makes research, protests, and political activism more effective challenges flood of information can make it very difficult to find out which information is important and to asses the quality of the source Ecological perspective Industrial waste as a result of produ communication, education, and work Without an expansive landline infrastructure "Paper traits" used to track, observe, predict, and control people and their behaviour Increase in the production of goods puts stress on the environment Every person using a computer has a voice cultural perspective increases cultural awareness cultural...

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