Baynosa_Noel B. UNIT 3 ACTIVITY 4
ACTIVITY 4: Directions: Using a ladder web, make a blog the positive effects of globalization
from global corporation. Submit your work in the pigeon boxes which are provided in your
department/college or publish your blog on a webpage and turn in the link to the Google class
on or before the date as reflected on your study schedule.
1. Cut-throat Competition
-A byproduct of globalization is the emergence of fierce rivalry, which leads to the early closure of many institutions.
2.Takeover of Business
-Globalization has raised the likelihood of small institutions being taken over by big institutions, or of small institutions being forced to combine with large institutions in order to survive.
3. Expensive Domestic Goods
-Globalization presents an open market for the domestic goods produced in a country. As a consequence of local production, items such as vegetables, fruits, cereals, and other foods are accessible to people all over the globe. As a result, these commodities will become more costly in the nation.
4. Increase in Inequalities
-For domestically produced goods in a country, globalization opens up the possibility of a free market. As a result of local production, items such as vegetables, fruits, cereals, and other foods are available to people all over the world, including those in developing countries. As a consequence, these items will become more expensive across the country.
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