1. 1. The Effects of Globalization
2. 2. Content Definition of Globalization Positive and Negative Effects of Globalization on: Economy Culture Education Conclusion
3. 3. Definition
4. 4. Understanding the Positive Effects on Economy Free Trade Exchange goods and resources Increased Exports and import
5. 5. Free Movement of Labour advantages to both workers and recipient countries. Ex. If a country experiences high unemployment, there are increased opportunities to look for work elsewhere. This process of labour migration also helps reduce geographical inequality
6. 6. Greater Competition Domestic monopolies will try to develop the quality of their products and services
7. 7. Increasing Investment Investment by multinational companies can play a big role in improving the economies of developing countries.
8. 8. Impacts Free Trade Can Harm Developing Economy Developing countries are hard to compete with developed countries Developing countries are often harmed by tariff protection
9. 9. Labour Drain Some countries find it difficult to hold onto their best skilled workers, who are attracted by higher wages elsewhere
10. 10. Increasing Environmental Issues Using non- renewable resources Deforestatio n Pollution Global Warming
11. 11. Positive Impacts on Culture Cultural Diffusion happens when the cultural beliefs and social activities are spread through different ethnicities, religions,
12. 12. Multi-cultural Awareness You will start to understand the world
13. 13. Understanding Negative Impacts Loss of Local Culture The cultures from around the world replace the local ones.
14. 14. Less Cultural Diversity When the local cultures are lost, the world culture will replace. Then it will become one.
15. 15. Positive Effects on Education Local school will upgrade their curriculum to a standard one Using technology in educational sector International Schools will
16. 16. Negative Impacts Local schools are hard to compete Some learners having difficulties with languages and technology used in school systems