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Globalisation is how the countries of the world exchange products, services and ideas.

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- more choice
-lower prices
-often better value
-more variety of options
CONS
-exploitation of employees
-GM foods
-environmental damage
-service can be impersonal
FOR THE CONSUMERS

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T echnology is the machinery  and other devices that have been developed by scientists and engineers to carry out a task, solve a problem, make life easier for human beings etc.

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Advantages + disadvantageds of globalisation 

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Advantages + disadvantageds of globalisation 

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-Increase in employment opportunities: As globalisation increases, more and more companies are setting up businesses in other countries. This in turn increases the employment opportunities that people alone have as job and working within the country.
- exploitation of the poor by the rich on a global scale.

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G lobalisation has occured because of international trade and improvements in transport and communications.

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Example of how technology and economy work :

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Example of how technology and economy work :

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(Business side)

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Technology is the machinery and other devices that have been developed by scientists and engineers to carry out a task, solve a problem, make life easier for human beings, etc; contact the world from every corner of the world, with just one touch of button.
So there for the consumers can access all the goods they want from at home in their house without travel and hassel,with just a computer screen in front of them

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How Does Technology Change Consumer Behavior?

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At first glance globalisation  should be good for consumers as it will bring greater choice and cheaper products

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Technology is revolutionising the way companies do business. functions suach as decision making, customer service, marketing and human resource management are being transformed with the use of technology.

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1.Can u think of other pros and cons of globilasation?
2. DO you think globalisation is better for people or for business?
3. Do you think globalisation is better for developed countries or develping countries?

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Are worldwide or global enterprise. These are corporate organizations that own or control production of goods or services in 2 or more countries other than their home countries.

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Globalization I - The Upside: Crash Course World History #41