Addressing Globalization

Question 1

What is globalization?

Answer 1

The process where communication technology, lower transport costs, and free trade connect the world into one global market.

Question 2

What are the effects of globalization on South Africa?

Answer 2

Increased cheap imports.

Local producers reduce production.

Job losses in local industries.

Question 3

How do trade unions address globalization?

Answer 3

Pressure the government to limit harmful imports.

Help local producers become more competitive.

Encourage lower production costs and higher productivity.

Question 4

How do trade unions reduce poverty and improve living standards?

Answer 4

Push employers to improve working conditions and wages.

Ensure compliance with the Basic Conditions of Employment Act.

Advocate for fair pay and safe workplaces.

Question 5

How do trade unions help stimulate economic growth?

Answer 5

Improve workers’ skills and motivation.

Promote good work ethics.

Ensure workers are healthy and productive.

Encourage sound and sustainable business practices.

Question 6

What is economic growth?

Answer 6

An increase in the productive capacity of a country, which raises employment, income, and living standards.