by Aubrey Oliva 4 years ago
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Companies
Government
Nation
Subtopic
This process has positive and negative effects on the...
Environment
Forest have been cleared to pave way for construction of firms and industries
Industrialization chemical and waste causes death of underwater organisms.
Plastics used for preserving and packaging a part of environmental toxic pollutant.
Aircraft transportation emit gases that causes depletion of protective ozone layer (Greenhouse effect-Climate change)
Fuels used in transportation of goods increases the level of pollution.
Culture
Increasing hegemonic control in the name of free trade and freedom of communication, at all levels.
Propel loss of individualism and group identity.
Brings changes in language and customs.
Transmogrification of traditional religions and belief system
Allows people to learn about other cultures and develop a wider cultural understanding
Technology
Information technology has led to the emergence of the global village.
Buyers and sellers can now make transactions at any time and any part of the globe.
The world wide web has reduced the barriers of time and place in business dealings.
Advancement in medicine
Cost of communication have reduced drastically leading to enhanced communication.
Development of Internet and email unable people to have access and distribute fast the mounts of information.
Economy
Growing gaps between the rich and poor
Unemployment on industrialized countries because companies move to places where they can get cheaper workers.
Increase child labor and slavery
More job oppportunities on global scale
International Trade has given countries access to goods and services they are unable to produce themselves or can obtain more cheaply from other places
