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Summary Why do some believe that costs outweigh benefits in terms of a globalised world. (16 marks)
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Why do some believe that costs outweigh benefits in terms of a globalisedworld. (16 marks)
Globalisation can introduce more trade liberalisation by special economic
zones and TNC’s locating in these areas to develop cheaper products. This
means that items can be imported and exported cheaply, damaging
national or local trading within a country. To prevent the local economies
from diminishing; many governments put trade protectionism into place
such as taffies or embargoes. Some countries have taken this more
extremely such as North Korea that isolates alot of its trade to locally. This
has other benefits such as less dependancy upon other nations that could
be lost in political conflicts, such as a lack of gas available with eh
Rubsequently, globalisation involves the free movement of culture across
borders through migration and media. Therefore many previously isolated
areas such as Palau New Guinea are influenced by western ideology of
social standards and trends, from cultural diffusion, many local languages
have been lost and traditions no longer common. This means many more
developed countries put in place barriers to prevent too much culture loss,
for example china limits the number of foreign films available annually
and the great firewall of china, meaning the citizens aren’t subjected to
different political ideologies that can contradict the government.
Finally, globalisation has negative social effects such as the spread of
western foods by TNC’s like McDonalds which promote fast foods in areas
like rural china. These people would’ve traditionally eaten fish and locally
sourced foods yet now consume fast food, highly saturated foods that are
damaging the health and making local farmers less in demand. This
reduced the individuality in regions such as the culture they have
developed through history.
Overall, I believe globalisation has been limited in some areas as it
contradicts traditional beliefs and can promote global homogenisation.
This is because it leads to the shrinking world affect once people are more
connected.
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