Globalization Notes

  • This would spread fabrics, spices, arts, weapons, ideas, but also disease (leading to cons and pros)
  • cons - Ebola or Zika can spread around the world.
  • how much global coronation did it take to create your phone?
  • globalization is complex.
  • technology allows billions of people to contact, or access news worldwide.
  • international supply chains
  • technological advances have also eliminated jobs because of machines.
  • trade is another example.
  • trade is reducing the value of local goods + labor.
  • global exports multiplied by 50x.
  • more trade can strengthen ties and peace.
  • many corporations may shift.
  • which widens the gap between the rich and the poor.
  • Governors can use the information and choose to be super open or secretive.
  • some see globalization as a threat; no country can be entirely self-sufficient.
  • promote globalization benefits, while also helping the countries where globalization hurts (ex a poor country in which their trade market isn’t succeeding.)