Factors of Globalisation

Question 1

What are 7 factors of globalisation?

Answer 1

• technology
• financial systems
• management and information systems
• trade agreements
• security
• transport
• communications

Question 2

What other factors link to communication? Why?

Answer 2

transport; in-person meetings of people from a variety of nations
technology; easy, fast sharing of information etc. which removes many barriers globally

Question 3

Give an example of security as a factor of globalisation

Answer 3

anti-terrorism and crime; supply chain security; biosecurity > increased threats > tightened security > delays

Question 4

explain how trade agreements are a factor of globalisation

Answer 4

formed for benefits of nations and can improve global peace - they allow for the transfer of goods and development of interdependence between nations

Question 5

explain how financial systems are a factor of globalisation

Answer 5

high speed, electronic trading systems which also allow for better regulation of markets

Question 6

how is transport a factor of globalisation?

Answer 6

products can be shipped quickly and in large quantities. Low costa and high speed

Question 7

Give an example of when management and information systems allow globalisation to occur…

Answer 7

the fast fashion industry, which is reliant on transport from different management organisations

Question 8

How many troops make up the Blue Helmet UN peacekeeping mission?

Answer 8

70,000 from 120 nations

Question 9

What is the aim of the Blue Helmet UN peacekeeping?

Answer 9

• protect civilians
• monitor disrupted borders
• monitor peace
• provide security
• assist ion training of military

Question 10

How do management systems enable development?

Answer 10

allow influx of capital and increase in exports into one country, whilst surrounding countries receive less, increases power and wealth allowing