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What are the causes and effects of globalisation?

Isolate/Define key terms 

- globalisation 

- causes 

- effects - split into benefits and costs 

1. Causes of Globalisation 

- exploitation of resources 

- improved technology 

- freedom of trade 

2. Costs of Globalisation 

- inequality 

- loss of cultural diversity 

- macroeconomic instability/volatility 

3. Benefits of Globalisation 

- reduced poverty 

- increased division of labour 

- increased economies of scale 

4. Conc.

- key cause

- overall, and in light of the aforementioned evidence, is globalisation a good or a bad thing? 

Tom  G. A Level -Personal Statements- tutor, GCSE Economics tutor, A ...

2 years ago

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