ADVANTAGES
1. Globalization - it allowed the world's economy to become a single independent system
2. Communication - communication becomes cheaper, quicker and more efficient
3. Cost Effectivenes - it streamlined businesses to make them extremely cost effective money making machines
4. Bridging the cultural gap - it helps people from different cultures to communicate with one another
5. More time - it has made possible for busineses to be open 24/7 all over the globe
6. Creation of new jobs - new creation of interesting jobs
DISANVANTAGES
1. Unemployment - it created a job redundancies, downsizing and outsourcing
2. Privacy - email hacking is big threat to privacy informations online
3. Lack of job security - each one have to be updated and needs constant learning if he/she wishes to keep job secure
4. Dominant culture - it is now argued that US influences how most teenagers globally act, dress and behave
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