Factors of Globalisation Flashcards
What are 5 factors of globalisation?
- technology
- financial systems
- management and information systems
- trade agreements
- security
- transport
- communications
What other factors link to communication? Why?
transport; in-person meetings of people from a variety of nations
technology; easy, fast sharing of information etc. which removes many barriers globally
Give an example of security as a factor of globalisation
anti-terrorism and crime; supply chain security; biosecurity > increased threats > tightened security > delays
explain how trade agreements are a factor of globalisation
formed for benefits of nations and can improve global peace - they allow for the transfer of goods and development of interdependence between nations
explain how financial systems are a factor of globalisation
high speed, electronic trading systems which also allow for better regulation of markets
how is transport a factor of globalisation?
products can be shipped quickly and in large quantities. Low costa and high speed
Give an example of when management and information systems allow globalisation to occur…
the fast fashion industry, which is reliant on transport from different management organisations
How many troops make up the Blue Helmet UN peacekeeping mission?
70,000 from 120 nations
What is the aim of the Blue Helmet UN peacekeeping?
- protect civilians
- monitor disrupted borders
- monitor peace
- provide security
- assist ion training of military
How do management systems enable development?
allow influx of capital and increase in exports into one country, whilst surrounding countries receive less, increases power and wealth allowing
How does the UN enable security?
- UN security council - maintain stability, 15 members
- UN peacekeepers - currently 53,000 (2024)
How does the OECD promote security?
- international cooperation on issues such as cyber security
