Question

How does globalization affect producers and consumers?

How are producers of products like clothing or food affected differently by globalization than consumers?

In what ways is globalization experienced differently by people from wealthy countries compared to people in developing countries?

How does this connect to global health?

Does globalization affect the health, specifically, of producers of products like clothing or food differently than it does consumers?

If so, how?

If not, why not?

Answer 1

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Globalisation has a huge impact on producers as well as the consumers in more than one aspect. Producers of products like clothing or food are affected differently by globalisation than the consumers of those products. This can be understood with the use of an example, with globalisation it is easy to cut the costs of production of a particular product when it comes to production of clothing or food. to achieve this production rate, the producers have to adapt to new techniques so that they can fulfill the demands of the new consumers in the market. People in the developing countries are more susceptible to get affected or impacted by the globalisation, this is because the main aim of globalisation is to bring the economic markets of the whole globe together and to do this what needs to be done is upliftment of societies which are currently not at par with the developed nations hence it is the developing nations which encounter drastic changes after globalisation ,this changes can be positive or negative in nature because globalisation has resulted if two challenging the the local product providers to compete with the affordable prices of multinational companies. Along with the items like fooding and clothing, it is also the Global Health which gets affected by globalisation, globalisation gives an opportunity to the developing Nations to have medical facilities and amenities which were only available for the development nations in the past. Globalisation does not have a huge impact on the health of the producers because in most cases introduction of fooding and clothing the production takes place on the homeland of where the product is being distributed so as to cut costs and sustain the resources.