GMGT 1010 Lecture Notes - Lecture 9: Price Floor, North American Free Trade Agreement, Consumerism

• School: University of Manitoba
• Department: General Management
• Course: GMGT 1010
• Professor: Sean C. Buchanan

Document Summary

Social issues: human right and labour, consumerism -the idea that you would buy things, but advertisements and others make. Globalization has made this become more pronounces in the recent years. Human rights are affected because companies will put their factories in third world countries (cid:271)e(cid:272)ause it"s (cid:272)heaper the hu(cid:373)a(cid:374) rights sta(cid:374)dards are also lo(cid:449)er. Social or cultural- yoga (came from the east), food, music (kpop) Supranational institutions- (world trade, world bank, united nations) International ngos- police companies to make sure they are following the rules when operating in other countries (green peace, raid, global rights) Host countries- government should have strict rules to prevent kids from working not allowing them to. Child labour- (cid:373)ost kids do(cid:374)"t (cid:449)a(cid:374)t to (cid:449)ork (cid:271)ut they ha(cid:448)e to (cid:271)e(cid:272)ause they need the money to buy food to live. Host countries need the factories and business (cid:271)e(cid:272)ause they (cid:374)eed to e(cid:272)o(cid:374)o(cid:373)i(cid:272) (cid:271)oost.