4.4 Globalisation Flashcards
1
Q
Define globalisation
A
Integration of countries through trade
2
Q
What are the driving factors of globalisation?
A
- Reduction of barriers to international trade
- Improvements in transport
- Worldwide foreign investment
- Advances in technology and communications
3
Q
Define development
A
The process of increasing people’s standard of living and wellbeing overtime
4
Q
How is development measured?
A
- GDP per capita
- Life expectancy
- Access to healthcare
- Education
- Technology
5
Q
Define developed country
A
A country with high GDP per capita and established industry and service sectors
6
Q
A
