Impacts of Globalization

What is globalization?

• The act of persecuting a specific group of people

• The process of outsourcing jobs to other countries

• The spread of ideas, culture, and trade across the world

• The occurrence of a widespread disease

Why is globalization more common now than 100 years ago?

• Lack of communication between nations

• Isolationist policies of countries

• Decrease in international trade

• Advancements in technology and transportation

What are the benefits of globalization?

• Decreased standard of living

• Isolation from global issues

• Preservation of local culture

• Increased connectivity and access to information

What are the challenges of globalization?

• Enhanced global cooperation

• Improved standard of living

• Limited job opportunities

• Loss of local culture and identity

What is outsourcing?

• The occurrence of a widespread disease

• The process of hiring external companies to perform tasks

• The spread of ideas, culture, and trade across the world

• The act of persecuting a specific group of people

What are the benefits of outsourcing?

• Preservation of local culture

• Increased flexibility for organizations

• Decreased job opportunities

• Enhanced local economy

What are the challenges of outsourcing?

• Loss of local jobs

• Improved efficiency for organizations

• Enhanced local economy

• Preservation of local culture

What are pandemics?

• The act of persecuting a specific group of people

• The occurrence of a widespread disease

• Increased connectivity and access to information

• The spread of ideas, culture, and trade across the world

Why are pandemics more of a threat in a globalized society?

• Isolated societies have better healthcare systems

• Isolated societies have stronger immune systems

• Globalization leads to increased travel and spread of diseases

• Globalization promotes better hygiene practices

How does globalization result in a loss of local culture?

• By promoting cultural exchange and diversity

• By preserving traditional practices and customs

• By isolating communities from external influences

• By introducing foreign influences and homogenization