Globalization
what is globalization?
Defined as the consolidation of mega leading technology companies and the maximization of production in a simultaneous global market
In the social
Disadvantages
Increase in the number of confrontations
Social inequality has limited the access and use of various educational, technological and economic resources in many social groups
Advantages
Human relationships have been strengthened
Greater accessibility to exchange and access information at a national level
In the economic
Advantages
Free trade of goods and services worldwide
Decrease in production costs
Greater technological development
Disadvantages
The most developed countries have imposed themselves on those developing countries and smaller economies.
Depletion of natural resources and raw materials in production processes.
In the cultural
Disadvantages
Minority languages are lost.
Many of the autochthonous traditions are modified by incorporating new customs, generally, from other countries.
Advantages
Greater cultural exchange thanks to communication channels.
Incentive of tourist activity.
A set of universal values is shared