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Global

Globalization refers to the increasing interdependence of global economies, cultures, and populations, facilitated by technology and free trade. It promises improved communication and economic cooperation, enhancing living standards and income for many. However, it also poses threats, such as widening income disparities between rich and poor countries, leading to significant socio-economic inequalities.

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Duong Thi Hai (FGW DN)
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24 views1 page

Global

Globalization refers to the increasing interdependence of global economies, cultures, and populations, facilitated by technology and free trade. It promises improved communication and economic cooperation, enhancing living standards and income for many. However, it also poses threats, such as widening income disparities between rich and poor countries, leading to significant socio-economic inequalities.

Uploaded by

Duong Thi Hai (FGW DN)
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1, what is globalization

-globalization is the growing interdependence of the world’s economies, cultures, populations, free
trade in goods and services, among other

( technology, and flows of investment, people, and information. )

2, the promises:

-First, Globalization improve worldwide communication and economic.

For example: 1, People just have needed a smart phone or laptop connecting with internet, they can
make friend with other people enywhere ( quickly, convenient)

2, Moreover ,That's economic cooperation of countries over the world such as Vietnam anh
Japan. We have imported furniture from japan (like LG, toshiba brands.) and exported some (fuel wood,
wooden furniture..)

- Globalization helps people change their standard of living. When globaliztion develops strongly,
income of people will increate, that cause better live's people happen. ( they can buy house, car,. among
other.)

Next 3, the possible threats: ( disadvantage)

- Globalization has increased a widening gap between rich and poor.

For the same job, Salary of workers in developed countries will be higher than those in less developed
countries. In the long time, this will lead to a serious disparity between rich and poor.

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