Comparison diagram

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Globalization Positive and Negative Impacts

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HEADPHONES

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The Great Recession Mind Map (period 2)

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VS.

POSITIVE

Increased labor mobility

Improved international relations.

Higher quality goods

Access to New Markets.

Lower Costs for Products.

Lower Costs for Products.

Access to New Cultures.

NEGATIVE

Increased Competition

Imbalanced Trade.

potential global recessions.

Causes job displacement.

Lack of local businesses.

Unequal economic growth