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Advantages and Disadvantages of Globalization
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
•......

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Approximate Word Count: 253
Approximate Pages: 2 (250 words per double-spaced page)

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