Globalization: A Blessing or a Curse?
Positive Impacts
Improves Global Economy
Creates More Market Competition
Phone Market
Creates Cultural Diversity
Foreign Cuisine
Little Italy, Greektown, Chinatown
Foreign Clothing/Fashion
Trade
Provides Countries with Unattainable Resources
Fruits in Canada
Political Activity Increased - Trade Agreements
NAFTA
Sharing of Technology Helps Developing Countries to Advance
Allows Countries to Work Efficiently
Educational Purposes
Negative Impacts
Scarce Resources Deplete Rapidly
Leads to an Increased price for Goods & Services
Environmental Degradation
Delivery of Products Emit Pollution
Construction of Manufacturing Plants
Lack of Domestic Economical Growth
Job Loss in Developed Countries
Labour is Cheaper in Developing Countries
Child Labour
Transfer of Products Causes Possible Spreading of Viruses
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