Essay On Impact Of Globalization On Footwear Industry

Impact of globalisation on the textile, clothing and footwear industry
Globalization is defined as the worldwide movement toward economic, financial, trade, and the way our world is integrated. Globalization is the free movement of goods, services and people across the world in an integrated manner. It involves increasing the integration of countries into the world economy through trade liberalizations.

The geographical distribution of production in the textile, clothing and footwear industries has changed dramatically in the past 25 years resulting in employment losses in Europe and North America and employment gains in Asia and other developing countries. Globalization has had a negative impact on the on wage levels and conditions of work,

As there is more trade among countries, the GDP of these countries increase, and thus the average income of the population increases. The people who benefit from the increased GDP are the rich, and the poor get misused. Globalization is beneficial for the large companies who can now export their goods to other countries feely and earn profits more easily. As the technology of the world is becoming more advanced, the need for labour is decreasing as the process of producing the textiles, clothes and footwear has become .
Use of factory labour in LEDCs and how the clothes and shoes we buy are produced
The factory labour is exploited and overused. They have to are forced to have to work between 10 to 12 hours, and sometimes they are forced to work 16 to 18 hours a day. Another bad working condition is that the workers health and safety is not taken into consideration. The workers face eye strain, exhaustion and other injuries due to the inadequate working conditions. Majority of the time the illness does not get cured as if the employees have days of they might have a cut in the amount of salary they