GLOBALIZATION Examine the benefits and challenges of globalization including connectivity, standard of living, pandemics and loss of local culture.
What is globalization? A process which links people around the world as a result of shared activities and interests.
Benefits of Globalization People enjoy goods from all over the world. Greater connectivity – Facebook, cell phones, Skype. Advances in information technology. Advances in medicine. Advances in engineering. Average standards of living are higher The pace of economic development has accelerated.
Benefits of Globalization – people enjoy goods from around the world
Benefits of Globalization
Benefits of Globalization – advances in healthcare
Benefits of Globalization – greater connectivity
Challenges of Globalization Manufacturing has shifted away from countries where labor costs are higher. Jobs have gone to places like Indonesia or China where labor is cheap. People in the U.S. are left without jobs. Exploitation of labor in less developed countries. Increased pollution and global climate change. Diseases spread more quickly causing pandemics. Countries are losing their local culture.
Challenges of Globalization – exploitation of labor
Challenges of Globalization- jobs shifting away from the U.S.
Challenges of Globalization – global climate change/pollution
Challenges of Globalization – spread of diseases
Challenges of Globalization – loss of local culture
You decide… Exit Ticket: Globalization is __________ (good or bad) because, _____________. Be ready to defend your response.