What are the effects of globalization?

Globalisation has changed how economies, companies and people interact.

Borders are more open for trade, capital and ideas. This brings new chances for growth, but also clear risks such as unequal wealth, cultural homogenisation or environmental impact.

In this assignment you will explore different effects of globalisation, choose which you find most positive and most worrying, and react to a real-world plot.


💡 Want a quick wrap-up?
There is also a short video that explains the effects of globalisation. It’s not the most exciting clip you will ever watch — but if you need a recap, it gives you the basics. You can use it to check your notes before starting the assignment.


Why this assignment matters

By thinking critically about the effects of globalisation you learn to balance opportunities and risks. This prepares you for real business situations where you must form your own judgement and give advice, not just repeat lists from a book.

 

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