EQ 1- causes of globalisation

Question 1

what are the four main flows

Answer 1

-commodities, capital, information, migrants, tourists

Question 2

what has contributed to a shrinking world

Answer 2

-developments in transport and trade
-19th century= railways, steam-ships
-20th century= jet aircraft, containerisation

Question 3

example of 21st century development in ICT and mobile communication

Answer 3

-phones
-internet
-electronic banking
-fibre optics
-social networking

Question 4

what contributes to time space compression

Answer 4

-ICT and Mobile communication = rapid development
-lowers communication costs

Question 5

how do organisations contribute to globalisation

Answer 5

-promotion of free trade policies (WTO)
-foreign direct investment (World bank)

Question 6

how do national governments contribute to globalisation

Answer 6

-promote free trade blocs e.g. EU, ASEAN
-policies e.g. start-ups, privatisation