Everything is connected

Describe the advantages of globalization as put forward in this text (ll. 1-7) cheaper goods: consumers can buy goods more cheaply, buy goods at lower prices free trade, deregulation of trade, elimination of trade barriers/protectionism: everything is sold everywhere: worldwide access to global markets market forces of supply and demand regulate prices

Describe the disadvantages of globalization as put forward in this text (ll. 8-12) in developing countries: appalling working conditions in sweatshops in developed countries: unemployment due to outsourcing

Name four examples to describe these working conditions in detail long working hours unhealthy working conditions very low wages no job security child labour

Define the concept of outsourcing (ll high production costs in case of domestic manufacturing  huge labour force willing to work for less money in developing countries  production is outsourced, that means produced for less money in a foreign, often developing country transfer manufacturing to developing countries to reduce production costs

Describe the means put forward in this text to be undertaken to improve working conditions in sweatshops (ll. 20- boycott these goods, buy fair trade products instead demonstration protest campaigns against economic meeting such as of the Group of Eight

„The world is getting smaller.“ (l.29f) Comment on this statement. What does it mean?