Globalization By Jasmine Zenn Details about Globalization Globalization

Globalization By Jasmine Zenn

Details about Globalization ● Globalization allows businesses to interact and integrate with other countries. ● This is driven by international trade and investments ● Works best for people with fewer barriers ● This can also be done by outsourcing o Outsourcing is having people work from abroad in a company

Causes of Globalization ● There is now an increase in international trades ● It will allow for cheaper labor ● Government policies now allow countries to connect more ● The communication and transportation revolution has allowed for people to connect easier

Effects of Globalization ● There is more unemployment in some countries because of the easier cheap labor ● Income inequality internationally has deepened ● Countries are closer and have become more culturally diverse ● Countries are starting to have higher and faster economic growth

Important Figures in Globalization ● The U. S. is a powerful leader of globalization ● Japan uses other countries like the U. S. to build their economy ● NAFTA allows northern countries to easily integrate and trade ● The European Union allows European countries to easily trade with minimal barriers

Globalization Increase Graph

Primary Source Photos http: //wheelockglobalcauses. org/wp-content/uploads/2013/06/globalization. jpg http: //nicholasbrealey. com/wp/wp-content/uploads/2014/02/globalization-edudemic-300 x 199. jpg

Primary Source Cartoon http: //aplangkmac. files. wordpress. com/2011/09/bluh 1. gif

Primary Source Text “Where Globalization means, as it so often does, that the rich and powerful now have new means to further enrich and empower themselves at the cost of the poorer and weaker. We have a responsibility to protest in the name of universal freedom. ” -Nelson Mandela

Things You Should Now Know About Globalization ● Globalization affects every country worldwide. ● Some people believe it’s a positive thing while others disagree. ● Globalization is a social, economic, and political change. ● It has closened our relationship between countries all around the world.