Factors in globalisation Flashcards
1
Q
Factors accelerating globalisation
A
Communication Transport Collapse of communism TNC Investment Global marketing Containerism Travel Migration Trade Governmental support Financial systems Security
2
Q
Governmental support
A
Incentivise capitalist ventures
Facilitate exports
e.g. UK Trade and Investment Dept. (UKTI)
3
Q
Financial systems
A
Governmental deregulation
Easier communication
Exchange of currency easier
4
Q
Transport
A
Technology growth Increased aircraft size Containerisation Computer logistics Efficiency
5
Q
Security
A
World customs organisation
Tightened security due to terrorism
6
Q
Management and IT
A
Transport communication
Large production plants
Global marketing and disgtribution networks
Just in time technology - monitors global value chains
7
Q
Global value chains
A
Different stages of production located in different countries
Due to outsourcing
Led to spatial distribution
