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globalisationGlobalisation has been taking place for hundreds of years, but it has speeded up enormously over the last half-century. Many things have helped speed up the process of globalisation

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Introduction

What is Globalisation? Globalisation is the process in which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. In other words globalisation is the way companies, ideas and lifestyles are spreading more and more easily around the world due to two main reasons. Firstly because of the technological changes that allows people, goods, money and mainly information and ideas to travel the world much faster than ever before. The other reason is because of the liberalisation of the world markets, which is greatly increasing levels of trade between different parts of the world. Governments around the world have relaxed laws restricting trade and foreign investment, with some governments offering grants and tax incentives to persuade foreign companies to invest in their country. Globalisation affects everybody and it influences people on what food they eat and what clothes they wear. Globalisation can link someone from the UK to someone in a totally different continent. For example the jeans that you wear can have up to 15 countries involved in producing it. As well as that when you make a decision on what clothes you are going to buy when you go out shopping, you can affect people thousands of miles away from you. This is because the clothes that you wear are not always produced at the country you buy it in, which I will talk about later. ...read more.

Middle

Nike is an example of a TNC that looks for factories were the wages are low, as it has goods made in about 30 different countries, which are mostly LEDCs. TNC's like Nike don't actually pay the factory that makes the product much money, but factory owners have to accept it, trying to make a profit in the meantime. The factory owner normally forces his workers to work very quickly making the products with little pay, but the factory workers have to listen to the factory owner. They have to listen to the factory owner, as they have no choice due to the fact that they will be fired from their job, which means that they will not get any money at all. They have to work in poor conditions as they have very little sleep, they can work up to 19 hours a day and they rarely have breaks. This is known as sweatshops. Though they have to keep their current job no matter how bad their conditions are, as there are not many well-paid jobs in LEDCs. As well as that if factories have no orders they don't get any money at all and they can get sacked without warning. This is a big point between the two sides of the globalisation and TNC's argument, but I will talk about this later. ...read more.

Conclusion

My Opinion There are many good points from both sides of the arguments over globalistion, TNCs and branded goods. Though I personally support the fact that globalisation should continue to take place and that you guys should continue to buy branded goods. I think that there is nothing wrong with you guys enjoying yourself and buying whatever clothes you want, as the way branded goods are made is not your fault. However, I also believe that some changes should be made to make the world a better place. Firstly, I know that TNC's all want to make profit and nothing much can be done to help that, though I believe that workers for TNCs should all be treated with the same amount of respects. Even if they are in LEDCs or MEDCs all workers should be treated with respect. As well as that the wages should be higher so that workers in poorer countries could at least afford a lot more things that they do now. The wages can't be increased too much as the TNC's just want to make profits, but they should be increased so they can help workers have a better life. So overall, I believe that you youngsters should buy as much branded goods, as you like, as you have the right to. Though remember respect your friends, your family and your fashion. ...read more.

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