EQ1: What are the causes of globalisation and why has it accelerated in recent decades? (3.1-3.3)

Question 1

Define globalization

Answer 1

The process by which people, culture, finance and information transfer between countries. It is the increasing connectedness and interdependence between different parts of the world.

Question 2

Capital (money) is a global flow.
State 1 way in which capital flows between countries.

Answer 2

• UK tourists buying Euros to go on holiday
• The US Dollar is the world currency. All global trade deals are conducted in USD.
• People send money abroad to friends and family through bank transfer.

Question 3

Infomation is a global flow.
State 1 way in which infomation flows between countries.

Answer 3

• Digital news articles through apps like SkyNews, BBC News, ITV News etc
• The internet
• Social media

Question 4

Migrants are a global flow.
State 1 way in which migrants flow between countries.

Answer 4

• European Union (EU) freedom of movement
• EU right to live and work for citizens
• Shengen Area (90 day visa to 29 countries)
• Student or work Visas
• Asylum claims

Question 5

Commodities (goods) are a global flow.
State 1 way in which commodities (goods) flow between countries.

Answer 5

• iPhones are designed in California, however assesmbled in China
• Massive container ships are able to transport large containers very easily, greatly increasing loading/unloading and shipping times.