What is globalisation It is the growth and
What is globalisation? It is the growth and spread of ideas, culture, money, goods, information around the world
Why it has grown • There are many links between countries and regions which been made possible by • faster transport eg air • The internet and e-mail • Growth of international firms-banks, TNCs • Growing markets in poor countries like India
Impacts • Skilled people move around the world • Migrants move to countries for better standard of living • People can share common interests in sport, music , films • Information by e-mail, global media • Trillions of dollars exchanged electronically everyday • Some TNCs make more money than a country • Global companies can influence how people vote and think about an issue-News Corporation/Fox News
Nike • • • China= Thailand= South Korea= Vietnam= Others elsewhere in Asia Also factories in S_____A_____, A______, C_______I_____, T_____, U__ • None in A______
EXAM Q=What factors have helped globalisation?
Answer • faster transport eg air, high speed rail • Cheaper transport costs eg container ships • Satellite communications • Mobile phones, smart phones • Fast broadband speeds • The internet and e-mail –allow instant replies, people can communicate, video conferencing
Level 3 • Expanding markets in developing countries like India-the economy is expanding and the middle class is growing in size so there is an increased demand for latest technology eg… • The growth of international organisations like banks(…. )and TNCs(…. )
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