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AP Human Geography 2.5 Intro to Geography 73 Views


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AP Human Geography 2.5 Intro to Geography. Economic drawbacks of globalization include what?

Language:
English Language

Transcript

00:04

Here's your shmoop du jour brought to you by expensive goods [People in shopping mall]

00:07

aka, the worst part of every holiday season oh ho no thanks alright here's

00:13

today's question - economic drawbacks of globalization include what and here are your

00:17

potential answers.....Well if we go by how easy it is to talk to our friend

00:23

Pierre all the way on the other side of the country we'd say that globalization

00:26

or the process of interaction and integration among different nations is

00:31

definitely a thing but it's not all fun late-night Skype session there are some [Man on skype speaking to woman]

00:36

economic drawbacks so what are they well proponents of globalization believe that

00:41

one of its virtues is that it lowers the price of goods for consumers well [Man puts lower price label on t-shirt]

00:47

theoretically if you can pay less to have your stuff produced in China then

00:50

you can pass on those savings to your customers in America and we have to

00:55

admit it is pretty nice to be able to buy a prom dress online for 20 bucks so [Person using computer to buy prom dress]

00:59

that eliminates answer C and the effect that globalization has on world currency

01:03

is subject for debate while it seems that it could contribute to currency [coins falling]

01:06

fluctuation there's no real consensus that it definitely lowers currency

01:11

values and so D is not the right answer. The biggest criticism of globalization

01:16

is that it often widens the gap between the haves and have-nots well this [Man on have side of mountain, people on the have not side]

01:20

problem occurs both within and among countries when jobs get outsourced

01:24

overseas it affects all the countries involved and at home the rich in theory

01:29

get richer while blue and white color workers become no collar workers [Man walks through vacancy door]

01:34

competition for jobs grows and somebody's got to lose out eventually so

01:38

globalization does create a greater wealth disparity within countries which

01:42

is answer A and a greater disparity between countries which is answer B

01:47

which means the correct answer is E - globalization creates greater wealth

01:52

disparity within and between countries now if you'll excuse we have a Skype date

01:58

with Pierre at 4.. au'revoir! [Person skyping Pierre]

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