1
Advantages disadvantages of globalization
ADVANTAGES
DISADVANTAGES
Easier to communicate throughout the boundaries
Easier to travel
Cultural interchange
International Trade
Better and cheaper products
Improvement of new technologies
The cheaper products increases the purchase power
The transport of the products is easier and faster Globalization creates a political and an economical union, which facilitates the agreement between the countries
Delocalization creates unemployment in developed countries Non-controlled circulation of money (free market) no ethics
The businessmen and the big companies are the only winners in globalization
Exploitation of the workers in the developing countries incl. children
Money problems can easily be spread
The mix of cultures can lead to racism, xenophobia, intolerance and loss of national identity Small companies have to go out of business because they cant compete with the multinationals
As a result the gap between the poor and the rich people increases
2
In which world you will live in 15 years
Our motto Join our forces in the European
Union!
Positive opinions
No more borders. We can pass freely
Cheaper, faster and easier transport. The communication there will be faster and cheaper too People will know more about others their languages, culture and habits
Thanks to European Parliament guaranteed common laws and human rights for each country
Europe will have created their common social system with common guaranteed minimal wage, so that we can mitigate a part of the injustice created the different live standards in every european country
Negative opinions
There will be more discriminations, because the mix of cultures will increase and people are afraid of what they dont know
Every country could lose own cultural identity, habits and traditions
Our future depends on
References: Managerial Accounting by Ray H. Garrison, Eric W. Noreen, Peter C. Brewer – Chapter no. 1, Page no. 2 http://www.globalization101.org/category/issues-in-depth/culture/ http://en.wikipedia.org/wiki/Globalization http://www.globalpolicy.org/globalization.html http://ruud.hubpages.com/hub/Disadvantages-of-Globalization http://wiki.answers.com/Q/Factors_affecting_globalisation http://www.enotes.com/homework-help/list-advantages-disadvantages-globalization- 113517 http://www.english-online.at/economy/globalization/advantages-and-disadvantages- of-globalization.htm http://wanttoknowit.com/advantages-and-disadvantages-of-globalization/ http://uk.answers.yahoo.com/question/index?qid=20061010150323AAEc8cQ