Reward & Difficulties

Reward and Difficulties of Globalization:

•Increased free trade between nations
• Increased liquidity of assets allowing investors in urbanized nations to spend in developing nations
• Corporations have better flexibility to function across limits
• Global mass media ties the world together

• Increased flow of communications allows vital information to be shared between individuals and corporations around the world
•Greater ease and speed of transportation for goods and people
•Reduction of educational barriers increases the global village effect
• Spread of democratic ideals to developed nations

•Greater interdependence of nation-states
•Reduction of probability of war flanked by developed nations
•Increases in environmental protection in developed nations
• Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest work
• greater than before likelihood of economic disruptions in one nation effecting all nations
• Corporate power of nation-states far exceeds that of civil society organizations and average individuals
•Threat that manage of world media by a handful of corporations will boundary educational expression
• Greater chance of reactions for globalization being violent in an attempt to preserve cultural heritage
• Greater risk of diseases being ecstatic by mishap flanked by nations

• Spread of a money-oriented lifestyle and approach that sees use as the path to prosperity
• International bodies like the World Trade Organization infringe on national and individual sovereignty
• augment in the chances of civil war within developing countries and open war flanked by developing countries as they vie for resources

• Decreases in environmental honesty as polluting corporations take advantage of weak narrow rules in developing countries