‘Evaluate the Advantages and Disadvantages of Globalisation around the World’
In this Essay I will evaluate the advantages and disadvantages of Globalisation around the World. I will also say what Globalisation is, and also give my opinion on Globalisation and TNC’s.
Globalisation is basically the concept of spreading a company around the world, for example Nike it started in one country then they spread to other countries and soon the demand grew larger and they had to built factories all over the world to meet that demand. Some people may like this idea as they make money out of this, but some may disagree and not like this idea like workers in poor countries (LEDC’s) as they are getting ripped off by the company which they work for.
There are some groups who may think Globalisation is a bad thing but there are many groups who think Globalisation is a great thing. The most well known of these groups are Transnational Companies (TNC’s), LEDC Governments, MEDC Governments, Workers around the world, Economists and The World Trade Organisation.