Globalisation

process of interaction

economical, social, cultural and political aspects

technologichal advancement

Countrys, Companies, Everyone

Climate change as a global problam

Pollution

deforestation

overpopulation

waste disposal

ozone layer depletion

removal of laws for international trade

global products

comparative advantages: low wages, educated workforce, natural recources

Companies do outsourcing

ambivailent effects: fast fashion, sweat shop

global financial market, stock market

easier communication, travel, policies

differences in living standards are obvious

global competiition for jobs

global labor market

cheaper diverse Products

increased living standard

global communication

enriched culture

price pressure

difficulties for low skilled workers

global competition

local culture can be lost

backlach (Trump, Brexit)