GENERAL SEMINAR

GLOBALIZATION

UNIVERSAL TAG OF
GLOBALIZATION
 “THE WORLD IS A GLOBAL
VILLAGE. “

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 It is the process of transformation of local or
regional phenomena into global one’s.

 The process by the people of the world are

unified to form a single society.

 In this phenomena ,all the national economie’s

integrate to form a common economical base.
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 Origin of globalization
 After the second world war U.S emerged as
the only industrial superpower.

 All the other economies had come to a

standstill.

 As a result ,all countries had to depend upon

U.S to restableize their economies.
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 U.S took this as an advantage n decided to
help the nation’s restabelize.
 Under this U.S had 2 advantages:

1.In the long term they could earn profits by

trading with those countries.
2.They would get a better position in the
buisness world.
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 Advantages
1.Improvement of new technologies
2.The cheaper products increases the purchase power
3.The transport of the products is easier and faster
4.Globalization creates a political and an economical
union, which facilitates the agreement between
the countries

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5. Easier to communicate throughout the
boundaries
6. Easier to travel
7. Cultural interchange
8. International Trade
9. Better and cheaper products

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 NEGETIVE EFFECTS
1. Delocalization creates unemployment in
developed countries.

2. Non-controlled circulation of money (free market)

– no ethics.

3. The businessmen and the big companies are the

only winners in globalization.

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4. Exploitation of the workers in the developing
countries – incl. children.

5. Money problems can easily be spread.

6. The mix of cultures can lead to racism,

xenophobia, intolerance and loss of national
identity

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7. Small companies have to go out of business
because they cant compete with the
multinationals.

8. As a result the gap between the poor and the

rich people increases.

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 THANK YOU

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