GLOBALIZATION

WHAT IS GLOBALIZATION the process of international integration by which more people across large distances become connected in more and different ways through interchange of world views, products, ideas and other aspects of culture.

FACTORS LEAD TO GLOBALIZATION INFORMATION FLOW MOVEMENT OF PEOPLE,GOODS AND INFORMATION (TRADE) MNC’S

GLOBALIZATION IS GOOD? IMPROVE ITS STANDARDS OF EDUCATION AND HEALTH INCREASE THE VARIETY AND QUALITY OF GOODS FIND MORE MARKETS FOR ITS GOODS COMMUNICATION

GLOBALIZATION IS BAD? LESS EMPLOYMENT IN DEVELOPED COUNTIRES INCREASED POLLUTION MNC’S GAINING POWER LOCAL BUSINESS CLOSE DOWN PROFITS ARE SENT BACK TO MNC’S COUNTRY

MULTINATIONAL COMPANY

COMMNUCATION

TEXTILE INDUSTRY WHY GOOD EXAMPLE FOR GLOBALIZATION CHEAP LABOUR LESS COST FOR PRODUCTION MORE PROFITS