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GLOBALIZATION. Examine the benefits and challenges of globalization including connectivity, standard of living, pandemics and loss of local culture. What is globalization?. A process which links people around the world as a result of shared activities and interests. Benefits of Globalization.
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GLOBALIZATION Examine the benefits and challenges of globalization including connectivity, standard of living, pandemics and loss of local culture.
What is globalization? • A process which links people around the world as a result of shared activities and interests.
Benefits of Globalization • People enjoy goods from all over the world. • Greater connectivity – Facebook, cell phones, Skype. • Advances in information technology. • Advances in medicine. • Advances in engineering. • Average standards of living are higher • The pace of economic development has accelerated.
Benefits of Globalization – people enjoy goods from around the world
Challenges of Globalization • Manufacturing has shifted away from countries where labor costs are higher. • Jobs have gone to places like Indonesia or China where labor is cheap. • People in the U.S. are left without jobs. • Exploitation of labor in less developed countries. • Increased pollution and global climate change. • Diseases spread more quickly causing pandemics. • Countries are losing their local culture.
Challenges of Globalization- jobs shifting away from the U.S.
Challenges of Globalization – global climate change/pollution
You decide… • On the back of your note page, write a statement using the following sentence beginning.. • Globalization is __________ (good or bad) because,… • Be ready to defend your response.