Valentina Gutiérrez

Melanie Quintero
Karen Martin
HOW DOES ECONOMIC GLOBALIZATION AFFECT POVERTY?

INCOME HEALTH EDUCATION EMPOWERMENT WORKING

CONDITIONS

TRADE (+) Improve the (+) It can help (+) With agreements (+) It can affect (₋) Due to imports,
development of bringing more and between educational positively. There are many national
countries. different medicines institutions, the agreements and also companies can go
(+) Increase in the job that are produced in quality of life of a programs that focus bankrupt.
offer and different places in the person can be on the empowerment (₋) It can affect the
competitivity. world. improved by offering of people who want environment in a
the possibility of to expand beyond negative way because
scholarships and borders. of the consumption,
studies abroad. they need to use more
resources.
(₋) The increase in
the global production
of goods can allow
the labor exploitation
and child work.

FINANCE (₋) It can cause (₋) Focusing on trade (₋) Decrease in (+) Finance (₋) Inequality in the
inequality because of and economic issues education budget. conditions can create distribution of the
the power distribution can cause the (₋) Lack of education better opportunities wages because of
between the rich and decrease in health’s can cause for the richest different types of
poor countries. budget. deprivations in countries to expand in discrimination inside
(+) Price stability. income and health. new markets to get society.
(+) To have a better profits.
 development it’s (₋) In the case of
needed to have better poor or developing
education level. countries, can
increase the
inequality because of
the lack of
opportunities and
capabilities.

AID (+) It can help a (+) Technical help (+) Monetary aid (-) The loans and the (+) Regulations and
country which is in a and creation of from the international grants can make agreements about
monetary crisis institutions that can community can help countries create better working conditions in
allow people having a reduce poverty only opportunities for countries.
better quality of life. if these aids are people who need it.
properly planned and
executed in
development plans.

MIGRATION (-) It can affect the (-) Due to the large (-) Facilities not (-) It would affect the (-) Migrants can be
economic growth number of migrants suitable for so many empowerment, exploited for less than
because part of the and there is no room children, lack of because migrants the minimum wage.
money within the for everyone, the low qualified teachers, could not work (-) Due that they are
development plan of quality of life lends lack of public legally for lack of an extremely cheap
the country must go itself to be a focus of schools. documents. workforce, many
to finance public diseases and viruses (-) Cultural identity people in their own
policies to alleviate that will eventually can be affected country would be left
the problems that a affect the entire because of the without work.
large mass of population that does homogenization of
migrants can not have medical the cultures.
generate, such as insurance.
indigence.
IDEAS (+) Better access to (+) New technologies (+) Greater access to (+) The access to all (+) Creation of small
information and and inventions that information and of this information and medium
communication has been useful for opportunities of about different issues companies with
around the world. saving lifes. quality education around the world innovation ideas, can
around the world have made people act create job offers.
with different in favor of different (+) Creation and
focuses. causes. promotion of new and
(+) Creation of social better work
networks that allow environments that can
people to follow help having better
others and learn about results.
their experiences.