This week’s topics
The positive and negative effects of globalisation
- Jobs and skills creation
- Cross-cultural integration
- Social and economic mobility
- Rich dominate poor
- National businesses cease trading
- Ideological conflicts
What you will be able to do
- 1.3 Discuss the positive and negative effects of globalisation.
Activity
Start with this week’s video, then discuss how they apply to this week’s topic and note one example from a real business.
Study materials
Videos
- Fair Trade: Does It Help Poor Workers? · YouTube · Marginal Revolution University · 4 min · for registered students
Further resources
- Introduction to Business 2e, ch. 3.7: Threats and opportunities in the global marketplace · PDF · OpenStax (2026), section 3.7 on political, cultural and economic risks of operating abroad; pp. 96–99 · for registered students
- Introduction to Business 2e, ch. 3.8: The impact of multinational corporations · PDF · OpenStax (2026), section 3.8 on how multinationals operate and their effects – a frame for the case study; pp. 100–103 · for registered students
- Principles of Marketing, ch. 17.7: Ethical issues in supply chain management · PDF · OpenStax (2023), section 17.7 on labour, sourcing and environmental issues in global supply chains; pp. 597–601 · for registered students
- The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade · Open-access article · Autor et al. (2016), Annual Review of Economics. Influential review of who gained and who lost when China's exports surged. · for registered students
- Moving Up or Moving Out? Anti-Sweatshop Activists and Labor Market Outcomes · Open-access article · Harrison and Scorse (2010), American Economic Review. Tests what anti-sweatshop campaigns against global brands did for factory wages in Indonesia. · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
