Some Advantages Some Disadvantages
• Increased free trade between nations
• Increased liquidity of capital allowing investors in developed nations to invest in developing nations
• Corporations have greater flexibility to operate across borders
• Global mass media ties the world together
• Increased flow of communications allows vital information to be shared between individuals and corporations around the world
• Greater ease and speed of transportation for goods and people
• Reduction of cultural barriers increases the global village effect
• Spread of democratic ideals to developed nations
• Greater interdependence of nation-states
• Reduction of likelihood of war between developed nations
• Increases in environmental protection in developed nations • Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest labor
• Increased likelihood of economic disruptions in one nation effecting all nations
• Corporate influence of nation-states far exceeds that of civil society organizations and average individuals
• Threat that control of world media by a handful of corporations will limit cultural expression
• Greater chance of reactions for globalization being violent in an attempt to preserve cultural heritage
• Greater risk of diseases being transported unintentionally between nations
• Spread of a materialistic lifestyle and attitude that sees consumption as the path to prosperity
• International bodies like the World Trade Organization infringe on national and individual sovereignty
• Increase in the chances of civil war within developing countries and open war between developing countries as they vie for resources
• Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries displayed 300 characters
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Some Advantages Some Disadvantages
• Increased free trade between nations
• Increased liquidity of capital allowing investors in developed nations to invest in developing nations
• Corporations have greater flexibility to operate across borders
• Global mass media ties the world together
• Increased flow of communications allows vital information to be shared between individuals and corporations around the world
• Greater ease and speed of transportation for goods and people
• Reduction of cultural barriers increases the global village effect
• Spread of democratic ideals to developed nations
• Greater interdependence of nation-states
• Reduction of likelihood of war between developed nations
• Increases in environmental protection in developed nations • Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest labor
• Increased likelihood of economic disruptions in one nation effecting all nations
• Corporate influence of nation-states far exceeds that of civil society organizations and average individuals
• Threat that control of world media by a handful of corporations will limit cultural expression
• Greater chance of reactions for globalization being violent in an attempt to preserve cultural heritage
• Greater risk of diseases being transported unintentionally between nations
• Spread of a materialistic lifestyle and attitude that sees consumption as the path to prosperity
• International bodies like the World Trade Organization infringe on national and individual sovereignty
• Increase in the chances of civil war within developing countries and open war between developing countries as they vie for resources
• Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries displayed 300 characters
