Globalization
Economic growth and job creation
Promotes economic growth by
International trades and investments
which leads to job creations and increases
income levels
companies like Apple rely on global supply chains then creat jobs in manufactoring logistics and retial across various countries
exploiation of labor
Globalization sometimes results in the exploitation of cheap labor in developing countries, where workers face low wages, poor working conditions, and lack of labor rights.
Garment factories in Bangladesh, producing for global fashion brands, have faced criticism for low wages and unsafe working conditions, highlighting labor exploitation issues.
Loss of cultural identity
loss of unique cultural identities as global media and consumer culture dominate, potentially eroding traditional customs and languages.
Languages like Quechua in Peru face decline as younger generations prefer global languages, threatening the rich cultural heritage of indigenous communities.
Enviormental Degradation
degradation due to increased productions
transportation and resource consumption
impacting ecosystems and biodiversity
Deforestation in the Amazon rainforest, driven by global demand for timber and agricultural products, showcases the environmental impact of globalization.
Cultural exchhange and and understanding
fosters in cultural exchnage
understanding and tolerence
by enabling the sharing of
tradtions languages and
art across barriers
events like notting hill carnival in London celebrate various cultures promoting harmony and understanding among diverese communities
Technological adavancements
accelerates technological advancements
by enabling the flow of knowledge and
innovation leading to progress to
various factors
cities like Tokyo showcase their
advancement of technology
including robotics and smart
infrastructure influenced by
global innovations
Income inequality and and social
disparties
excaberates income inequality as
wealthy corporations benefit more
leading to social disparties and unequal acess to resources
cities like Mumbai affuent areas
with modern amerties exsist
alongslide slums highlighting
economic disparties
