dimensions of globalisation Flashcards
1
Q
What are flows in globalisation?
A
Flows are movements of people, goods, money, services, or information between countries.
2
Q
What are the five types of flows in globalisation?
A
Capital, labour, products, services, and information.
3
Q
What are capital flows?
A
Movement of money for investment, trade, or business.
4
Q
What are labour flows?
A
Movement of people to work in another country.
5
Q
How do products flow?
A
Physical goods move from one country to another.
6
Q
What are service flows?
A
Services are provided in one country but consumed in another (e.g., call centres).
7
Q
How does information flow?
A
Via the internet, phone calls, or media, such as international news.
