Impact of Globalisation
Sociology: AQA GCSE, topic 5.2.4
Impact of Globalisation on UK Poverty
Some argue that globalisation has increased inequality in the UK.
The global recession
- The downturn of the global economy led to a financial crisis and recession in the UK between 2008 and 2010.
- This resulted in job insecurity and unemployment.
Fuel and food
- Rising global fuel and food costs led to increases in the cost of living.
- This has had a major impact on low-income individuals and families.
Inequality
- Some argue that globalisation has increased inequality in the UK.
Test yourself on Impact of Globalisation
When was the most recent global recession?