Chapter 8- Globalisation Flashcards
1
Q
Is the development in transportation a more important key driving force of globalisation than the growth of multinational corporations?
A
Examples:
Development in transportation
1. Railwork network between Malaysia and Singapore
2. Airport, seaport, railway, expressways
3. Steamships and containerisation
Growth of MNCs
- Starbucks economic activities : gets coffee beans from (norths South America, Asia, Africa), roasts coffee beans in (USA, India), produce disposable cups, sells drinks to more than 65 countries
- SingTel, Eu Yan Seng, Singapore airline
2
Q
Are advances in technology the most important driving factor of globalisation?
A
- Mobile phones are created in 1973- applications/softwares (whatsapp, zoom, google meet) facilitate communication