AP EXAM | LESSON 2

What are the twin effects of globalization?

Positive and negative effects on the economy, society, and culture

Cheaper goods and a wider variety are caused by:

Products being made in different countries where it’s cheaper

What is an example of globalization providing cheaper goods?

Buying affordable shirts from international brands in local malls

More job opportunities in developing countries happen when:

Big companies open factories or offices in those countries

What example shows job opportunities in developing countries?

Call centers in the Philippines giving jobs to young workers

Spread of technology and innovation means:

New inventions and technologies travel quickly between countries

What is an example of technology spreading through globalization?

Smartphones made in other countries being used by Filipinos

Access to better education and knowledge is seen when:

Students learn from global schools and online platforms

What is an example of access to global education?

Watching free online courses or YouTube tutorials

What example shows improved living standards?

A family using earnings from overseas work to build a nicer home

Improved living standards happen when:

Families earn more and access cheaper goods and services

Job loss in certain sectors happens when:

Companies move jobs to countries with cheaper labor or use automation

What example shows job loss due to globalization?

A U.S. factory closing because production moved to the Philippines

Poor working conditions occur because:

Some companies set up factories in countries with weak labor laws

What example shows poor working conditions?

Garment factories in Bangladesh making cheap clothes under unsafe workplaces

Growing economic inequality happens when:

Wealth is not shared equally and the gap between rich and poor widens

What is an example of economic inequality?

Big CEOs earning millions while ordinary workers earn little

Environmental damage due to industrial growth includes:

Pollution, deforestation, and waste harming the environment

What example shows environmental damage?

Factories dumping waste into rivers or burning fuel causing pollution

Loss of cultural diversity happens when:

Global lifestyles and products make local traditions fade

What is an example of loss of cultural diversity?

Fast food chains replacing local restaurants and traditional foods