The United States Economy in the 21 century. In developed countries employees have to get additional training and education to find new jobs. Globalization leads to exploitation of developing countries by big foreign corporations. Globalization gives access to new ideas and technology.į. Globalization improver standards of living for billions of people around the world.Į. Globalization forces countries to open their economies to the world.ĭ. Economic growth of developing countries is the antipoverty weapon.Ĭ. Globalization benefits many people around the world by creating new jobs.ī. The first one has been done for you as an example.Ĭompare the statements (A-G) below with the text «What Is Globalization?» Match the statements to the most closely related paragraphs from the text.Ī. Then discuss the pros and cons of globalization. Read the selection “What is Globalization?” Make a list of live globalization’s advantages and five disadvantages. This means they need additional training and education to find new jobs. On the other hand, the high-salary workers in developed countries with little or no education, watched millions of jobs taken away by newly productive Third World workers.
For example, millions of information technology jobs have been created in Ireland and India – not just in the U.S. Countries and companies with high technology and capital to sell have also benefited enormously from globalization.
On the one hand, access to technology and capital has created many new jobs for workers in developing countries. Globalization does benefit some people more than others. In addition, export-oriented jobs generally pay more than those that are dependent on the local economy.ĥ. Living standards went up when consumers and businesses were able to buy from countries producing better made products at better prices. Open borders allowed new ideals and technology to flow in freely from around the globe, driving an increase in productivity. economic boom of the 1990s was motivated by globalization. Countries with expanding economies also enjoy greater political freedom, more social spending.Ĥ. It means access to clean water, a safe house to live in, and a chance to educate their children to prepare for better future. For many people in developing countries, economic growth is the ultimate antipoverty weapon. Those countries that embraced globalization, especially in the Third World, have enjoyed raters of growth that were, on average, 50% higher than those with closed borders.ģ. The United Human Development Index, an indicator of literacy, longevity, and standard of living in countries around the world, shows that during the last years of the twentieth economic growth. In spite of all the disadvantages mentioned and for all its faults, globalization helps economies grow – which means improving standards of living for all its faults, billions of people around the world. They also criticize foreigners for «buying up» local companies and creating a homogenized world run by multinational corporations not accountable to any government.Ģ. Many critics of globalization say that it is a major cause of poverty, that it opens up developing countries to exploitation by big foreign corporations, and that it results in people in wealthy countries losing jobs when cheaper foreign imports put their companies out of business. …making business units smallerĪnd smaller we can efficiently globalize our economies.
0 kommentar(er)
