Explain any two positive and two negative effects of globalisation. (2024)

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Explain any two positive and two negative effects of globalisation.? ›

Effects of Globalisation - Key takeaways

But globalization also poses some daunting challenges like environmental degradation, legal compliance issues, and worker exploitation.

To summarize, the globalization of media, language, and news has positive aspects such as cultural exchange, information sharing, and educational opportunities. However, it also has negative aspects including cultural hom*ogenization, inaccurate information, and economic inequality.

Noteworthy, environmental pollution, social and moral degradation, political manipulation, and exploitation of the poor population by the wealthy nations are some of the most evident impacts of globalization in the modern world.

Effects of Globalisation - Key takeaways

Globalisation has been positive by improving the quality of life in many countries. On the other hand, there have been negative impacts of globalisation, such as increased global inequality, increased corruption, loss of jobs and environmental degradation, to name a few.

Potential disadvantages of globalization for world economies include possible monopolization, structural unemployment, inter-dependence and tax avoidance. 5. Potential disadvantages of globalization for individual businesses include compliance, control and inadequate market knowledge. 6.

Globalization expands business operations worldwide and is facilitated by communications, technological advancements, and socioeconomic, political, and environmental developments. It gives organizations a superior competitive position and lower operating costs to increase products, services, and consumers.

Globalization is an extremely contentious issue, with two core debates revolving around it: firstly, between those who suggest it is a real phenomenon, the 'globalizers', and those who believe it is very much exaggerated, the 'sceptics'; secondly, between those who are opposed to the effects of globalization, the 'anti ...

Some positive effects of globalization on culture include increased cultural exchange, access to diverse perspectives, and the spread of ideas and innovations. Globalization has a major impact on social, cultural, and political levels, opening new perspectives in international relations.

How social media has a positive effect on globalization? ›

Social media has made it easier for people to connect with each other, regardless of their location. It has created a global community where people from different parts of the world can interact with each other, share ideas, and collaborate on projects.

Globalization impacts religious practices and beliefs in various ways. It leads to both the revitalization and dilution of traditional practices and values, influencing them through external forces and commercial interests .

Globalization increases medical access for people and countries that may not have access or may not be able to afford care. It also increases the world's knowledge and allows for collaboration between nations. The main disadvantage of health globalization is the rapid spread of diseases.

The three (3) negative effects of globalization include: Worsening global economic inequalities. Cultural identity loss. Job loss and labor exploitation.

Political globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two other being economic globalization and cultural globalization.

Positive effects of globalization include: economic growth for some countries. cultural diversity. technological advancement.