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  • Unit 10, Activity 1, Listening Comprehension Audio Script Audio Track 1

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    Ángel Patzi
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    Critics argue that economic globalization is widening the gap between rich and poor, as a U.N. study found that only a few developing countries have benefitted from integrating into the world economy while the poor, unskilled, illiterate, and indigenous peoples have been left behind. Additionally, critics believe that globalization ultimately threatens emerging local businesses, as Indian artisans who currently export products may soon face stiff competition from large-scale manufacturers and superstores that could put them out of business.

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    Critics argue that economic globalization is widening the gap between rich and poor, as a U.N. study found that only a few developing countries have benefitted from integrating into the world economy while the poor, unskilled, illiterate, and indigenous peoples have been left behind. Additionally, critics believe that globalization ultimately threatens emerging local businesses, as Indian artisans who currently export products may soon face stiff competition from large-scale manufacturers and superstores that could put them out of business.

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    5 views1 page

    Unit 10, Activity 1, Listening Comprehension Audio Script Audio Track 1

    Uploaded by

    Ángel Patzi
    Critics argue that economic globalization is widening the gap between rich and poor, as a U.N. study found that only a few developing countries have benefitted from integrating into the world economy while the poor, unskilled, illiterate, and indigenous peoples have been left behind. Additionally, critics believe that globalization ultimately threatens emerging local businesses, as Indian artisans who currently export products may soon face stiff competition from large-scale manufacturers and superstores that could put them out of business.

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    © All Rights Reserved
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    Summit 2

    Unit 10, Activity 1, Listening Comprehension

    Audio Script

    Audio track 1

    Is economic globalization good for all? Critics take a different view, believing that
    economic globalization is actually widening the gap between the rich and poor. A
    study carried out by the U.N.-sponsored World Commission on the Social Dimension
    of Globalization shows that only a few developing countries have actually benefitted
    from integration into the world economy. And that the poor, the illiterate, unskilled
    workers, and indigenous peoples have been left behind. Furthermore, they maintain
    that globalization may ultimately threaten emerging businesses. For example, Indian
    artisans who currently seem to benefit from globalization because they are able to
    export their products may soon face stiff competition that could put them out of
    business. When large-scale manufacturers start to produce the same goods, or when
    superstores like Walmart move in, these small businesses will not be able to keep up
    and will be crowded out.

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