factors promoting globalisation Flashcards
1
Q
what are the flows in globalisation?
A
labour, capital, information, services and products
2
Q
what is flows of labour?
A
the movement of people that participate in the workforce from one country to another
3
Q
what percentage did the movement of people increase by in 2000-2015?
A
40%
4
Q
how is culture linked to the flow of labour?
A
as people move they bring with them their cultural values etc
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5
Q
why do people move for jobs?
A
poor wages and unemployment
6
Q
what is the difference between labour and financial markets?
A
labour markets are not free flowing
