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Pro and Con of Globalization. By: Nat Golf and Chris. Intro. Globalization = Is the process of international integration arising from the interchange of worldviews, product, ideas and other aspect of culture. Pro. Who/What Benefit ?
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Pro and Con of Globalization By: Nat Golf and Chris
Intro • Globalization = Is the process of international integration arising from the interchange of worldviews, product, ideas and other aspect of culture
Pro • Who/What Benefit ? • Since there is more competition, the quantities of objects will increase on the Supply/Demand curve, so the price will decrease. This is a benefits for the consumers • How do they benefit? • The consumers benefit by that they can buy a lot of items that they need to use in a lower price. This made the middle class people have more chance to access to better tools that were import from another countries easier.
Con • Reason: Globalization encourage greater production=more resources is need. • More sharing and more technology • Result: Production rate is higher • More resources is being destroyed ( forest, mine, sea,etc.) • Example: Amazon rain forest -the data show, increase of deforestation rate in amazon • Caused by production of beef, soya and timber -globalization had effect of pushing the small land holder deeper in to the forest.