Impact of globalisation

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Impact of globalisation by Mind Map: Impact of globalisation

1. Social

1.1. Positive

1.1.1. In the digital world, there is an even distribution of knowledge

1.1.2. Due to outsourcing of jobs, employment in developing countries increases

1.1.3. Increased competition forces companies to lower prices - benefit consumers

1.1.4. Improvement in human rights due to increased media coverage

1.1.5. Nations are able to resolve conflicts through the UN

1.1.6. Powerful agent of change to launch worldwide campaigns

1.1.6.1. e.g. campaign against poverty, debt

1.2. Negative

1.2.1. Exploitation of labour. Prisoners and child workers are used to work in inhumane conditions

1.2.2. Developed nations outsource manufacturing - lesser jobs for their people

1.2.3. Job insecurity due to increased competition

1.2.3.1. Led to reduction in wages and consequently lower standards of living

1.2.4. Terrorists use technolgy to communicate and inflict damage

1.2.5. Fast food chains like McDonalds and KFC are spreading in the developing world

1.2.5.1. People consuming more junk food -> adverse impact on their health

1.2.6. Spead of diseases due to increased travel

2. Environmental

2.1. Positive

2.1.1. Individual nations come together to find a way to save the world from themselves

2.1.2. economic growth will generate more opportunities for environmental protection

2.2. Negative

2.2.1. Global Warming

2.2.2. Pollution

2.2.3. Unsustainable Consumption of Natural Resources

3. Economic

3.1. Negative

3.1.1. Exploitation of labour

3.2. Positive

3.2.1. Forces businesses to compete on a global scale

3.2.2. Countries move to market sectors they are good at

3.2.2.1. Labour in a country is going to do what it's best at

3.2.3. Countries will grow and prosper

3.2.3.1. China and India

3.2.3.1.1. Mega economic booms

3.2.4. Spread of education

3.2.4.1. Students move in search of education