Globalisation by Anton Bullman

Globalisation
1. How did globalisation start?
Technological developements
Communicative technologies
Cheaper Transportation of goods
Stronger competition from lower income countries
2. What is exchanged because of globalisation?
Goods of all Form have gotten more mobile:
Culture
Raw Materials
Languages
Services
Knowledge
3. What are the Problems?
Stronger competition on the Job Market
Workers in lower vage countries are more attractive for companies
Most raw materials come from lower income countries
Negative impact on the envoiroment
Increase of consumption, leads to larger ammounts of waste
Traffic of goods uses lots of fossil energy
Waste often is disposed in low income states due to low shipment cost and few regulations
4. What are the benefits?
More people gain access to cheaper goods
A tougher market leads to better overall products
Economic growth
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