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  • Contemporary Module 2-Activity 1 Contemporary Module 2-Activity 1

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    Erica Canon
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    This document outlines the advantages and disadvantages of globalization for citizens, the Philippines, and the global community. For citizens, globalization provides access to new cultures and markets but can also result in loss of cultural identity and local job loss. For the Philippines, it enables trade openness and financial openness but also inflation and income inequality. Globally, it increases economic development through greater competition and technology transfer, but can also cause depletion of natural resources and human rights violations abroad.

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    This document outlines the advantages and disadvantages of globalization for citizens, the Philippines, and the global community. For citizens, globalization provides access to new cultures and markets but can also result in loss of cultural identity and local job loss. For the Philippines, it enables trade openness and financial openness but also inflation and income inequality. Globally, it increases economic development through greater competition and technology transfer, but can also cause depletion of natural resources and human rights violations abroad.

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    18 views2 pages

    Contemporary Module 2-Activity 1 Contemporary Module 2-Activity 1

    Uploaded by

    Erica Canon
    This document outlines the advantages and disadvantages of globalization for citizens, the Philippines, and the global community. For citizens, globalization provides access to new cultures and markets but can also result in loss of cultural identity and local job loss. For the Philippines, it enables trade openness and financial openness but also inflation and income inequality. Globally, it increases economic development through greater competition and technology transfer, but can also cause depletion of natural resources and human rights violations abroad.

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    © All Rights Reserved
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    of 2

    lOMoARcPSD|9681042

    Contemporary Module 2-activity 1

    BS Psychology (Emilio Aguinaldo College)

    StuDocu is not sponsored or endorsed by any college or university


    Downloaded by Erica Canon ([email protected])
    lOMoARcPSD|9681042

    Module 2-Activity 1.
    Directions: Give the advantages and disadvantages of globalization to the following sectors.
    To complete the concept of the chart, you may draw or write your answers inside the box.
     Access new cultures
     The spread of technology and innovation
     Access new markets
     Reduce gender wage discrimination
     Free visa to some countries
    Citizens

     International recruiting
     Payroll and compliance challenges
     Loss of cultural identity
     Local job loss
     Foreign worker exploitation


    Trade openness
     Financial openness
     Give rise to new industries
    Philippines  High levels of education
     More efficient markets.

     Incurring Tariffs and Exploit fees


     Inflation
     Migration
     Poverty alleviation
     Income Inequality

     Increased trade
     Greater competition that cause lower price
     Economic development and prosperity
     Technology and knowledge transfer
    Global  Increases awareness of events in faraway
    parts of the world.

     Destructions of Ecosystem
     Depletion of natural resources
     Loss of biodiversity
     Human rights violation abroad
     Monopoly power of
    multinationals
    Downloaded by Erica Canon ([email protected])

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