1
Q
Name 3 benefits of globalisation
A
- economic growth and development
- integration and interconnectedness
- stability and cooperation
2
Q
How is economic growth and development a benefit of globalisation
A
- Globalisation has facilitated increased trade, investment and economic integration
- Countries that have embraced globalisation have seen increased quality of life
3
Q
How is integration and interconnectedness a benefit of globalisation
A
- there is faster exchange of goods, services and ideas
- promoting global understanding and cross border cooperation
4
Q
How is stability and cooperation a benefit of globalisation
A
Countries aim to negotiate rather than conflict to ensure economic interdependence
5
Q
Name 3 costs of globalisation
A
- inequalities
- conflict and displacement
- environmental impact
6
Q
How is inequalities and injustice a cost of globalisation
A
- exploitative labour practices
- unequal access to resources and opportunities
- widening income disparities within and between countries
7
Q
How is conflict and displacement a cost of globalisation
A
- increased competition
- disputes over territories and trade
8
Q
How is environmental impact a cost of globalisation
A
- accelerated resource extraction and industrialisation
