b) Impacts

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Last updated 7:54 PM on 10/10/26
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11 Terms

1
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  • state the positive impacts of globalisation on nations


  • adoption of advanced foreign production techniques

  • cross-border collaboration and innovation


2
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  • state the negative impacts of globalisation on nations


  • deindustrialisation

  • wealth/income inequality


3
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  • state the positive impacts of globalisation on governments


  • soft power through trade networks

  • less hostility due to foreign dependency


4
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  • state the negative impacts of globalisation on governments


  • weaker sovereignty

  • international trafficking/terrorism


5
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  • state the positive impacts of globalisation on producers


  • cheap production factors

  • increased consumer pool


6
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  • state the negative impacts of globalisation on producers


  • low profits due to price cutting

  • low market share due to high competition


7
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  • state the positive impacts of globalisation on consumers


  • decreased prices

  • increased product variety


8
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  • state the negative impacts of globalisation on consumers


  • information gaps

  • less local markets means a loss of culture


9
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  • state the positive impacts of globalisation on workers


  • job creation

  • higher qualifications from training programs


10
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  • state the negative impacts of globalisation on workers


  • offshoring

  • low wages due to high competition


11
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  • state the impacts of globalisation on the environment


  • resource exploitation

  • deforestation/fracking

  • greenhouse gas emissions