Uploaded on Aug 18, 2022
Globalization is the process of creating international linkages and relationships through business, finance, trade, and politics. Globalization is also the process by which a company expands its reach all over the globe through business expansion into foreign markets.
Globalization - How It Affects the World Population
Globalization: How It
Affects the World
Population?
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Globalization: How It Affects the
World Population?
Globalization affects all people
living on this planet either directly
or indirectly. In the last 50 years,
the world has seen remarkable
advances in health and family
planning technology, including the
global spread of vaccines
(especially for COVID19),
insecticide-treated bed nets,
hand sanitizers,
portable BP devices, antiretroviral
drug treatment for AIDS, and
fertility management methocdansa.da.desertcart.com
Globalization: How It Affects the
World Population?
Coupled with a wide range of
public health interventions that
improve access to clean water,
sanitation, and hygiene services,
this progress has contributed to
reductions in child mortality;
increased life expectancy; and
lower fertility rates in many
countries. Globalization has helped
people globally in many ways but
it also has its downside.
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What is Globalization?
Globalization is the process of creating
international linkages and relationships through
business, finance, trade, and politics.
Globalization is also the process by which a
company expands its reach all over the globe
through business expansion into foreign markets.
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What is Globalization?
Globalization represents the expansion of the
global market, such that it intersects and
interconnects with all aspects of social, economic,
and cultural life.
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What is Globalization?
In economic terms, it is defined as a process of
increased economic integration between
countries. It can be seen as an increase in capital
ownership across borders, often as a result of
commercial investment, trade liberalization, and
technological change.
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History of Globalization
In historical terms, globalization is
nothing new. It has been a
continuous process for thousands
of years; since the beginnings of
human history and before. From the
development of commercial trade
to modern forms of communication
and transportation, the world has
always been more interconnected
than we realize. And times have
certainly changed; with
technological advances in
transportation and communication
that have made us more globalized
than ever before. canada.desertcart.com
Positive Impact of Globalization
Globalization has several positive effects. It
increases trade, connects economies across
the globe, and allows organizations to
access supplies and services at a lower
cost. Globalization allows businesses to use
the expertise of companies in different
countries, improving their competitiveness
in the marketplace when combined with
local production capabilities.
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Positive Impact of Globalization
In some cases, globalization leads to
increased competition that drives prices
down. Globalization is one of the most
unique and defining trends of the 21st
century. It is the expansion of international
trade, investment, and access to
information, knowledge, technology, and
products across the globe; and it’s
responsible for many economic benefits.
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Positive Impact of Globalization
The economic consequences of
globalization are largely positive; since it
has helped in the free flow of raw materials
and finished goods across the globe
supporting global trade and economy.
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Negative Impacts of Globalization
Many people do not realize the
negative effects of globalization.
The positive aspects are obvious,
but there are negative effects as
well.
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Negative Impacts of Globalization
There are winners and losers in any
situation, and the people who lose
out due to globalization usually
come from poor communities.
Workers in developed countries
must compete with lower wage
markets out of necessity, but these
countries lack unions that can help
workers in negotiating with their
employers over pay.
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Negative Impacts of Globalization
In developing countries, many
multinational companies take
advantage of the "cheap labor"
they can find there, but this cheap
labor comes at a steep cost since
there are no restrictions on the
general working conditions or child
labor. It often leads to income
disparity and inequality between
the educated people and the
uneducated.
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