GLOBALIZATION

GLOBALIZATION IN HISTORY

• Greek culture spread across much due of southwestern Asia due to the conqueror Alexander the Great
• Cultural spread

COMMUNICATION

• People can read information about foreign countries as easily as they read about their local news.
• Political/cultural globalization

TRANSPORTATION

• People are exposed to new ideas, taste, and culture.
• Cultural globalization

POPULAR CULTURE

• People enjoy listening to different music and reading diferent Kinds of books.
• Cultural

ECONOMY

• Companies depend on international trade to make profit
• Economical globalization

POLITICS

• Problems facing the world todaycross borders so countries must work together to solve them
• Political globalization

PROS

• Trade makes our lives easier - new, cheaper, products bring convenience.
• Increased communication, which leads to greater access to knowledge and the sharing of ideas.
• Countries can work together to solve crimes, prevent wars, provide aid in natural disasters, and work on issues like climate change.
• Companies from wealthy countries can build factories in poorer countries, providing jobs to people in poverty and lowering the price of goods.
• Easier and cheaper international travel allows more people to work, study abroad, and take vacations around the world.

CONS

• With access to so many products and media, the world is becoming more similar. Cultures and traditions are being lost.
• A growing middle class in countries like China, means that more people are driving cars and contributing to air pollution.
• Outsourcing to other countries causes Americans to lose their jobs.
• Companies from wealthy countries take advantage of looser laws in developing countries. This can lead to unsafe working conditions and child labor.
• With the world being so connected, a financial crisis in one country can lead to a global financial crisis.