https://www.learnpick.in/prime/documents/ppts/details/333/international-organisation
1. What are some unpleasant side effects of globalization?
2. How many people have more money than all the money owned by the poorest half of the entire world's population
3.What movements or organizations have been created because of the problem of inequality?
4.What is the difference between the 1950's and nowadays 21sth century?
5.Older generations blame Globalization, free trade and open immigration policies, what are politicians doing to change negative voters against globalization?
6. Has this made things worse or better? Why?
7-What are some solutions to the problems caused by
globalization, given to us in the video?
1. What are some unpleasant side effects of globalization?
-
Increasing inequality. People lose jobs through
outsourcing and an increase of foreign
migration workers
-
Only the best companies with the best technology thrive/succeed.
2. How many people have more money than all the money owned by
the poorest half of the entire world's population?
-
8
3. What movements or organizations have been created because of
the problem of inequality?
-Occupy Wall Street
-Fighting Inequality Alliance
4. What is the difference between the 1950's and nowadays 21sth
century?
-Inbetween 1950's and 1990's it
was expected that most children make higher incomes than their parents,
nowadays that is not as comun.
5 Older generations blame Globalization, free trade and open
immigration policies, what are politicians doing to change negative voters
against globalization?
-
Turn inwards to help ensure jobs don't leave the
country, they lock down borders, decrease the number of work visas and punish
companies for not using local labor
6. Has this made things worse or better? Why?
-
Worse, because protectionism has been proven(throughout
history) that it leads to slower growth and decreases the competitiveness of
nations engaged in such policies
7 What are some solutions to the problems caused by
globalization, given to us in the video?
-
find ways to address the problem of extreme wealth
inequality and encourage reasonable sharing in the global marketplace. To do
this companies and governments must work together to improve their
competitiveness and make the world more global, not less.
-
this needs to be done in a way that will help
transition and retrain workers who are being displaced, moving them to areas of
growth, like healthcare, information technology, automobiles,energy, farming,
education, financial services
- focus on 3 initiatives:
1. To revive through increased
innovation
2. To improve transitions from
education to employment
3. Adjust taxes raising disposable
incomes for low and middle income households
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