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

  1. 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
  2. SingTel, Eu Yan Seng, Singapore airline
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Are advances in technology the most important driving factor of globalisation?

A
  1. Mobile phones are created in 1973- applications/softwares (whatsapp, zoom, google meet) facilitate communication
How well did you know this?
1
Not at all
2
3
4
5
Perfectly