Understanding the Global Village

• The "Global Village" concept describes the world as a small, interconnected community due to globalisation and modern communication technologies.
• Globalisation makes geographical distances less significant, creating a close-knit, intimate global community.

Aspects of Globalisation

• Economic: Trade, international markets, global businesses, outsourcing.
• Political: International cooperation, trade agreements, global governance.
• Cultural: Spread of ideas, languages, fashion, media, and traditions.
• Technological: Internet, communication, digitalisation, innovation.

Globalisation & the Internet

• The internet speeds up and simplifies global trade.
• Businesses can sell worldwide, and digital communication reduces costs.
• Jobs like customer support, IT, programming, and design can be outsourced to countries with cheaper labor.

Positive Aspects of Globalisation

• Easier movement of goods, people, and information.
• Improved international cooperation and cultural exchange.
• Cheaper production and new job opportunities worldwide.

Negative Aspects of Globalisation

• Job insecurity happens due to outsourcing
• Exploitation occurs through low wages, poor conditions, and lack of labor rights in developing countries.
• Increased emissions, pollution, and climate change occur through global trade.
• Neo-colonialism involves rich countries exploiting resources and cheap labor from poorer nations, maintaining economic dependence.

Effects on Developing Countries

• Many developing countries were formerly colonies and face economic exploitation despite independence.
• Problems include low salaries, poor working conditions, and economic dependence on rich countries.
• Environmental damage is caused by industries and climate change.

Environmental Effects

• Higher emissions from transportation, production, and industrialisation damage the environment.
• Climate change, deforestation, and pollution impact all countries.
• Developing countries suffer the most despite contributing the least to global emissions.

Conclusion

• Globalisation brings economic growth, technological progress, and cultural exchange.
• It also causes social injustice, environmental problems, and exploitation.
• Rich countries benefit most, while developing nations struggle with low wages,poor conditions, and dependence.