PACCARANGAN, JUVILYN S.
BANKING AND FINANCE
Globalization is making the world a better place!
Globalization Economic Impact
Globalization aims to benefit individual economies around the world by making markets more efficient, increasing
competition, limiting military conflicts, and spreading wealth more equally.
Positive Impact
1.Many multinational companies INCREASING profits.
2.Global competition BENEFITING consumers.
3.INCREASE global trades of goods and resources.
4.GROWING a global, interconnected community.
5.INCREASE awareness of global issues.
6.INCREASE job opportunities.
7. Access to new markets.
Negative Impact
1.Loss of industries or economic groups
2. Job displacement
3.Lowered labor standards
4. Globalization increases world carbon dioxide emissions.
5. Globalization acts to increase world oil prices.
6. Currency Fluctuation
7.Terrorism
WAYS GLOBALIZATION IS CHANGING
https://www.thebalance.com/globalization-and-its-impact-on-economic-growth-1978843
https://edusson.com/blog/positive-and-negative-effects-of-globalization