Positive And Negative Consequences Of Globalisation Essay

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We live in a society where you are just a few clicks away from talking to your friend on the other side of the globe. A world where your new dress is delivered in only a week from USA, and where you are one day’s travel from going there yourself. All these are aspects of globalisation. Globalisation is a composition of processes moving us towards a more closely knit world. It affects the politics, economy, ecology and cultures of Earth. These are the main types of globalisation. Ideas, information, people and trade become global phenomena, instead of local ones. There are both positive and negative consequences. This text will elaborate on the process of globalisation, and mainly these consequences. I will focus on four key elements: Monopoly …show more content…

They are the controllers over the supplies. Since they are singular power top, they control the prices and the production. The diamond industry is a good example. One group of companies decided how much diamonds that were sold, and this resulted in high prices and high demands. “DeBeers” used to be a monopoly. The power it had to control the prices on the market is called monopoly power. During the past years, their position has been impaired. They went from controlling 90% of the market in the 1980s to around 33.3% in 2013. (https://en.wikipedia.org/wiki/De_Beers [last seen …show more content…

The technologic progressions make it possible to talk to someone in completely different countries. Important information is therefore also easily transferred. It means that if you live here in Norway it takes almost no time before you are updated if something happens in another country. When we know what is wrong, we can easily send held and support. The communication provides us with information, useful to both being kept updated and also to influence the situation. Are problems reaching a global scale it is important to have everyone aware. An example is global warming. Information from across the world increases the knowledge and, maybe the engagement to the chase as well. One can also look upon this with another angle: “Do we have too much flow of information?” “Is it necessary?” Is the human race about to overflow? We talk about “the shrinking world”. How we are collecting all the information and making it available for everyone, and how the geographical lines are fading to scars. This shrinking is positive in the way where it opens up for international trade and integration, but sometimes it rather seems like the world is expanding in all the

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