Deep Impacts
Deep Impacts
Deep Impacts
DEEP IMPACTS
In the last five decades a triad structure prevailed
and in one end of this structure is the pluralist
economies based on market economy, a socialist
states attached to planned economy on the other
end.
Third structure is composed of the former
colonies of mostly the West-the developing
countries.
1. ECONOMIC ISSUES
Globalization affects economies profoundly.
It has strong effects on economic issues such
as income, income distribution, capital
formation, enterprises, competition and
information flows.
a. Income, Income Distribution and
Poverty
Economic Income is the way for companies to
account for changes in the value of a given asset
in the market
*low-income
*lower-middle-income
*upper-middle-income
*higher-income
Income distribution and poverty - The smoothness
or equality with which income is dealt out among
members of a society - It is divided into two: 1.
Finding divergence 2. Finding convergence
b. Capital, Finance, FDI and MNCs
• Financial Globalization is a
word that is used in daily
life.
• Describes the movement or
flow of money for the
purpose of investment, trade
or business production,
including the flow of the
capital within corporations in
the form of operations and
research and development.
Illustration or videos
c. Production and Competitiveness
In recent tears, global economy
transformed with the elimination of
obstacles against flows of goods,
services, capital and labor and with
the acceleration of technologic and
scientific development. While the
decreases in transportation and
communication lowered the
importance of location and promote
enterprises to move their activities to
low-cost locations, technologic
developments create new business
opportunities.
Illustration or videos
d. Globalization of
Knowledge
Ozone Depletion
• Gradual thinning of Earth’s ozone layer in the
upper atmosphere caused by the release of
chemical compounds containing gaseous
chlorine or bromine from industry and other
human activities.
Smog
• Is a kind of air pollution, originally named
for the mixture of smoke and fog in the air.
• Classic smog results from large amounts
of coal burning in an area and is caused
by a mixture of smoke and sulfur dioxide.
Water Pollution
• Is the contamination of water bodies,
usually as a result of human activities.
• Water pollution results when contaminants
are introduced into the natural
environment.
Illustration or videos
3. Social Issue
• Negative and positive
impacts against
globalization.
SOCIAL ISSUES IN
THREE CATEGORIES:
1.In Education
2.In Population
3.In Health care
Social issue: Education
Globalization and education then come
to affect one another through mutual goals
of preparing young people for successful
futures during which their nations will grow
increasingly connected.