Monday 18 October 2010

Effects of Globalism on developing countries



As globalism affects the entire world I have decided to look at those most venerable in the third world.

Most often it can lower the quality of life as companies can produce goods and services in the lowest cost location.

Jobs moved to locations that have the lowest wages, least worker protection and lowest health benefits.

Production move to areas with the least pollution regulations or worker safety regulations.

Stronger bigger countries e.g. USA may over run the smaller countries/cultures leading to their customs and values fading away. This is also know as Americanization. 

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