Globalization - Advantages and Disadvantages

What is globalization?

•  cheap goods

•  the growth of the internet

•  the movement of goods, labor, and ideas more freely around the globe

•  the increase in wealth of multinational corporations

Which group of people has benefited the most from globalization?

•  the middle class

•  educated workers

• the wealthy

•  the poorest people

Is globalization a new occurrence, or has it been around for ages?

• It's been around for a while, but it is really speeding up now.

•  It's definitely new, and it will pick up speed quickly.

•  Globalization started with the dot.com bubble in the late 1990s.

•  It's been around for a while, but it is slowing down now.

Which is NOT a disadvantage of globalization?

•  Corporations now have more say in politics than ever before.

•  Workers are getting paid less now.

•  Job security is lower than it was in many industries.

•  Cheaper goods are available for everyone.

Which industry has benefited more than any other because of globalization?

•  the retail industry

•  the oil industry

•  the fishing industry

•  the technology industry