Globalization By: Alisha & Mariza
Thank you for listening!
Negative Impacts
Environmental Impacts
The environmental impacts are very prominent today, we can see this in the increase of pollution and climate change.
Economic Inequity
Although there has been economic growth for many countries, the growth is not equal. Wealthier countries have higher advantages than developing countries.
Negative Impacts on Businesses
There is a lack of local businesses due to the favoritism for corporations since they have more distribution locations and stock.
Disease Transmissions
Globalization has led to an increase of disease transmissions, this includes diseases such as Ebola, Severe acute respiratory syndrome and covid.
Positive Impacts
Economic development
There has been further development and increase in global trade, as well as the selling of goods.
Great economic growth in Asia due to the increase in openness to trade.
Technological Development
There has been a vast growth in technological developments.
As of this year, Japan is known as the most technologically developed country in the world with the development of A.i.
Diversity
Globalization has led to an increase of diversity throughout the world
According to the latest sources, the highest rate of immigrants come from south and east Asia.
