Positive and negative consequences of globalisation - Globalisation - Eduqas - GCSE Geography Revision - Eduqas - BBC Bitesize (2024)

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What are some of the positive and negative consequences of globalisation? ›

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.

The mixing of people and cultures from all over the world enables the sharing of ideas and lifestyles, creating vibrant cultural diversity. People can take holidays in far off locations. Consumers enjoy a greater choice of goods and services at cheaper prices. Migration of people can fill labour and skill shortages.

Increased globalization has been linked to various environmental challenges, many of which are serious, including: Deforestation and loss of biodiversity caused by economic specialization and infrastructure development. Greenhouse gas emissions and other forms of pollution caused by increased transportation of goods.

Increased greenhouse gas emissions, ocean acidification, deforestation (and other forms of habitat loss or destruction), climate change, and the introduction of invasive species all work to reduce biodiversity around the globe.

Potential benefits of globalization for the economy include increased choice, higher quality products, increased competition, economies of scale, increased capital flows, increased labor mobility and improved international relations.

As mentioned above, the effects of globalization on economic development include a variety of positive impacts on economic development, including increased trade and investment opportunities, access to new markets and customers, greater efficiency and productivity, the spread of new technologies and knowledge, ...

At the same time, global economic growth and industrial productivity are both the driving force and the major consequences of globalization. They also have big environmental consequences as they contribute to the depletion of natural resources, deforestation and the destruction of ecosystems and loss of biodiversity.

What are the three advantages of globalisation? ›

Globalisation helps in pooling all the resources together. Globalisation helps in the development of underdeveloped countries. Globalisation encourages free trade among nations. Globalisation creates more employment opportunities.

Globalization is bad for the world economically because of uneven development, the exploitation of resources from underdeveloped countries to core countries, and how overseas manufacturing is affecting America domestically. Globalization is bad for the global economy because of how it creates uneven development.

Globalization affects languages both positively and negatively. The negative effects include the loss of minority languages as majority languages become normative, and the decrease in grammatical skills as communicators use internet shorthand and abbreviations.

In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.

Some other positive effects include: Access to a wider variety of foods. More education opportunities for people in developing countries. Scientific research carried out by a larger community of people.

Access to new cultural products (art, entertainment, education) Better understanding of foreign values and attitudes. Less stereotyping and fewer misconceptions about other people and cultures. Instant access to information from anywhere in the world.

Some examples of potential negative effects of globalization on the economy include the displacement of workers due to the outsourcing of jobs, increased competition from imports, and the decline of certain industries.

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.

- Complaints: decline in living standards, growing inequality from the expansive flow of goods, immigration, global warming, etc.

The major consequences of globalization have been: the transmogrification of traditional religions and belief systems; the beginning of the disintegration of the traditional social fabrics and shared norms by consumerism, cyber-culture, newfangled religions and changing work ethics and work rhythms; the fast spreading ...

What are the advantages of globalisation GCSE? ›

Impacts of Globalisation

Some of the positive impacts are: Inward investment brings new jobs and skills for local people. TNCs bring wealth and foreign currency to local economies the extra money created by this investment can be spent on education, health and infrastructure.

In addition to increasing greenhouse gas emissions, globalization has caused many animals' natural habitats to fall victim to increased farming, ranching, fishing, and other economic activities. The more forests are cut down and the more waterways are overfished, the poorer and unhealthier our environment becomes.

Globalization is associated with rapid and significant human changes. The movements of people from rural to urban areas has accelerated, and the growth of cities in the developing world especially is linked to substandard living for many. Family disruption and social and domestic violence are increasing.

Thus, globalization can be defined as the stretching of economic, political, and social relationships in space and time. A manufacturer assembling a product for a distant market, a country submitting to international law, and a language adopting a foreign loanword are all examples of globalization.

Why is Inequality Increasing? Globalization can increase wage inequality in a relatively rich country by increasing the imports of manufactured goods using predominantly low-skilled labor from developing countries. Conversely, it opens more opportunities for exports in high-tech firms that use more high-skilled labor.

Why is globalization important? Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.

MNCs flooded the market with quality products at a cheap price. Local producer were not able to compete with this and were put to hardship as their goods do not have a market. Another negative factor to globalisation is the lower wages that are given to labourers.

Global communication is directly affected by the process of globalization, and helps to increase business opportunities, remove cultural barriers and develop a global village. Both globalization and global communication have changed the environmental, cultural, political and economic elements of the world.

Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.

Globalization and Political Sovereignty

Globalization has led to a decline in the power of national governments to direct and influence their economies (especially with regard to macroeconomic management); and to determine their political structures.

What are 2 advantages and benefits of globalization? ›

Increased Flow of Capital

The economic benefits of globalization to much of the world are hard to ignore. Increased trade to larger and more diverse markets results in greater revenues and increased gross domestic product (GDP).

The Cons of Globalization

The oppression of weaker and poorer economies by those that are more robust; “the rich get richer, the poor get poorer” The danger of job loss, with certain industries and sectors sending jobs to countries where workers are willing to do the same amount of work or more for smaller wages.

Some Advantages of Globalization include free trade among countries and more employment opportunities. Disadvantages of Globalization include the exploitation of resources. Read: What is the Role of MNCs in the Globalization Process?

At the same time, global economic growth and industrial productivity are both the driving force and the major consequences of globalization. They also have big environmental consequences as they contribute to the depletion of natural resources, deforestation and the destruction of ecosystems and loss of biodiversity.

Another negative effect of globalization in schools is the hom*ogenization of education. Globalization has led to the spread of Western education models and curriculum, which may not be appropriate or relevant in other cultures.

(a) It has involved greater trade in commodities across the globe. (b) The restrictions imposed by other countries on allowing imports have been reduced. (a) The rise of uniform culture called as cultural hom*ogenization. (b) Global culture is the imposition of western culture on the rest of the world.

Four effects of globalization on the lives of young people are discussed below in more detail; the distribution of employment opportunities, migration, youth culture and consumerism, and global citizenship and activism.

(i) Availability of variety of products with greater choice and quality that too at affordable price. (ii) Creation of new jobs and higher standard of living. Negative Impact of Globalisation. (i) Thousands of uneducated and unskilled labourers have become jobless due to closure of various units.

Globalization is associated with rapid and significant human changes. The movements of people from rural to urban areas has accelerated, and the growth of cities in the developing world especially is linked to substandard living for many. Family disruption and social and domestic violence are increasing.

The process of globalisation has resulted in a disparity in the rate of unemployment between rural and urban areas of India, the expansion of slum capitals, and the threat of terrorist activities. These are just some of the negative effects of globalisation.

What are some positive consequences of global integration? ›

Positive Impacts of Globalization

Adopting globalization increases free trading opportunities between countries. This allows business organizations in developed countries to invest in developing countries. As the communication between the countries becomes open sharing of information became easier due to globalization.

Negative effects

Availability of more products and materials brought unsustainable practice of consumerism among the youth. Globalisation leads to weakening of social bonds, relations and leads to formation of pseudo-relation and connection which sometimes results in tendencies of suicide and depression.

– Globalization enhances the student's ability to acquire and utilize knowledge. Globalization enhances the ability of learners to access, assess, adopt, and apply knowledge, to think independently to exercise appropriate judgment and to collaborate with others to make sense of new situations.

It has increased the access of higher education example universities and reducing the knowledge gap in developing countries, it equally has negative aspects which can seriously threaten universities in those countries.