<aside> 🌐 Ongoing process that links people, countries and companies through trade, travel, technology, culture, communications, and ideas around the world at an ever increasing and changing rate

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Our lives are interconnected with people in all parts of the world via food, clothing, music, information, and ideas we hold

• Globalization is not new
  • People have been exchanging ideas/things with others such as:
    • Silk road
    • Age of discovery
    • Colonialism
  • Technology has accelerated globalization

Drivers of Globalization

• Improved technology: easier and cheaper to exchange ideas, goods, people

• Improved transportation: easier and cheaper to exchange goods and people

  

  • Cheaper to ship materials to other countries + make use of cheap labour rather than making it in Canada

• Free trade: lower/no tariffs = less barrier to trade = freer movement of goods

• Increased consumerism: we want it all, and then we want more!

  • We’re very removed from the “making” of it
  • If you watch a chicken get killed every time you go to KFC, would you eat less KFC?

• Societal changes: rise in individualism, changes in world views

  • “American Dream”

Pros of Globalization

• Countries become less self reliant
• Easy & quick accessibility to goods and services
• Trade allows for unity between countries
• Population growth/immigration
• Advances in technology
• Improved overall quality of life
• International employment recruiting

Cons of Globalization

• Child labour, sweatshops, poor working conditions
  • Cheaper goods at the expense of works and environmental exploitation
• Replaces traditional methods of conservation