4.1.3 factors contributing to increased globalisation Flashcards
1
Q
define globalisation?
A
This is the increasing integration and cooperation between countries and growth of international trade
2
Q
what are some features of globalisation?
A
- multicultural society- constant sharing and merging of cultures
- flow of capital between society
- economic interdependence between countries
- goods and services traded throughout
- collaboration between countries
3
Q
what are some factors aiding in globalisation?
A
- transport and communication networks have improved significantly
- improvements on broad brand
- investments in either countries through FDI
- political reform and stability
- increased migration
- reduction in trade barriers