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Globalisation by Mind Map: Globalisation
0.0 stars - reviews range from 0 to 5

Globalisation

Allows capital inflows in both the manufacturing and financial markets

Sharing of technologies

Higher salaries

Definition

Political Impacts

Focus more on how world events are now interconnected whether good or bad.

Role of United Nations

Democratisation

American Hegemony

Role of Media

Political lobby groups

Environmental Impact

Degradation

Management

Economic Impact

Positive Impacts

Negative Impact

TNC controls the economy

Abuse of LDC. Formation of `sweat shops'

Brain drain

Economies become vulnerable to impact of financial crisis caused by other countries

Educational Impact

Education has to change as the context and the world has changed drastically with Globalisation  

Positive

Negative