Module 9 Consumer education - APCEIU

Job insecurity is also increasing in both industrialised and
developing countries, in the wake of economic and corporate
restructuring and the dismantling of social protection measures.
Culturally, many people feel threatened by the predominantly
one-way flow. The single largest export industry for the United
States is not aircraft or cars, but entertainment.
Criminals are also major beneficiaries of globalisation, with the
six major international syndicates believed to gross $1.5 trillion
a year. And the illicit trade in narcotics, weapons, labour, goods
and money contributes to crime and violence that threaten
neighbourhoods around the world.
Source: Adapted from United Nations Development Programme, Press
Release, New York, 12 July 1999.