The document discusses the history and impacts of globalization. It began accelerating in the 1980s when countries liberalized their economies and trade barriers were reduced. This led to increased cross-border trade and investment. Evidence of globalization includes the spread of American culture and English language around the world. While globalization has benefits like economic growth and job creation, it also has drawbacks such as greater inequality between nations, environmental damage, and loss of cultural identity.

2. ?
Globalisation
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4. When did
globalisation
begin?
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5. 1980
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6. why
1980
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8. What was the nature of
these economic reforms and
liberalisation?
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9. What’s the
evidence that globalisation
does exist?
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16. Columbia University School of Journalism: 2007 Class
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18. Democracy
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19. English
Language
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20. Values & Needs
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23. 1
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24. How do trading blocs
facilitate and advance
globalisation?
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28. 2
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30. 3
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31. How does the Internet
contribute towards globalisation?
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33. 1
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34. 2
Provided jobs to people
they won’t otherwise have.
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35. India | China | Ghana
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36. 3
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37. 4
Accelerated real GDP growth of
previously impoverished countries like
China, India & Vietnam.
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38. 5
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39. 6
Efficient use of resources by
firms as a result of being exposed to
foreign competition.
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41. If globalisation is that good,
why have some companies not
globalised?
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43. 1
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44. Whose fault is it,
if the poor keep getting poorer?
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45. 2
Dominance of western
MNCs over domestic firms in
weak countries
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46. 4
Exposes nations to financial
volatility & economic instability.
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48. 5
Erosion
of national
cultures &
identities.
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54. Are imported
cultures that bad?
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55. 6
Inter-racial
tension
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56. 7
Depletion of jobs through offshore
outsourcing and collapse of domestic
firms.
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57. 8
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58. 9
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59. 10
Depletion of
natural resources.
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60. Loss of
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national
sovereignty.
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