DAR ES SALAAM TUMAINI UNIVERSITY
( DARTU )
SCHOOL OF HUMAN RESOURCE MANAGEMENT
Group name: GROUP NUMBER 08
Course name : DEVELOPMENT STUDIES
Course code : 121
Course instructor : MS MELELE
Course work type : GROUP ASSESSMENT
Submission date : 23/05/2024
Group members :
[Link] saidi ally TU/DARCO/BHRM/022/188
[Link] z kitangilo TU/DARCO/BHRM 023/052
[Link] issa njukwai TU/DARCO/BHRM /22/013
[Link] dotto nkandi TU/DARCO/BHRM /023/109
[Link] A songa TU/DARCO/BHRM 023/074
[Link] E mbeje TU/DARCO/BHRM/ 023/118
[Link] ramsi kibona TU/DARCO/BHRM/ 023/134
[Link] adelin TU/DARCO/BHRM 023/108
[Link] [Link] TU/DARCO/BHRM/023/101
[Link] I kajulaTU/DARCO/ BHRM /023/019
[Link] V. mputa TU/DARCO/BHRM 023/144
[Link] f. kamzola TU/DARCO/BHRM /023/028
[Link] mwaiposa TU/DARCO/BHRM/020/ 062
Qn:Using covid-19,elaborate the socio-economic factors that
globalization has brought about in the world.
Globalization refers to the process of increased interconnectedness and interdependence among
countries, economies, cultures, and individuals around the world. It involves the exchange of goods,
services, information, technology, and ideas across borders, leading to a more integrated and
interconnected global economy and society. Globalization has both positive and negative impacts,
affecting various aspects of life including economics, politics, culture, and the environment.
The following are the socio-economic impacts of globalization thas has been magnified by
covid-19 pandemic over the world.
Interconnected Economies: Globalization has led to increased interconnectedness among
countries through trade, investment, and supply chains. The pandemic has disrupted these
connections, leading to economic downturns in various countries as businesses struggle to adapt to
changing circumstances.
Dependency on Global Markets: Many countries rely heavily on global markets for their
economic growth. The pandemic has exposed the risks of overreliance on international trade, as
disruptions in supply chains and reduced demand have led to economic instability.
Labor Mobility: Globalization has facilitated the movement of people across borders for work
and travel. The pandemic has resulted in restrictions on travel and migration, impacting industries
that rely on foreign labor and reducing opportunities for economic advancement for many
individuals.
Access to Healthcare: Globalization has enabled the spread of knowledge, technology, and
medical resources around the world. However, the pandemic has highlighted disparities in access to
healthcare, with developing countries facing challenges in securing medical supplies and vaccines
compared to wealthier nations.
Inequality: Globalization has exacerbated income inequality within and between countries.
During the pandemic, this inequality has become more apparent as vulnerable populations are
disproportionately affected by job losses, lack of access to healthcare, and other socio-economic
challenges.
Environmental impact: Globalization has contributed to environmental degradation, which can
exacerbate the spread of diseases like covid-19 through factors such as deforestation, climate
change, and wildlife trade.
Social cohesion: Globalization has challenged social cohesion within societies, with the
pandemic highlighting disparities in access to resources, healthcare, and opportunities,
emphasizing the need for solidarity and cooperation to address socio-economic challenges on a
global scale.
Overall, globalization has both positive and negative socio-economic impacts that have been
magnified by the COVID-19 pandemic. It is essential for countries to work together to address
these challenges and build a more resilient and equitable global economy.
