Factors Which Promote Globalisation Flashcards
1
Q
FOC - what is invested money spent on?
A
Something to produce an income / increased profit
2
Q
FOC - foreign direct investment increased why?
A
More connections and improvements in online banking
3
Q
FOP - manufacturing developed to where?
A
NEE’s and LIC’s due to cheaper labour - international trade in manufactured goods increasing as result
4
Q
FOL ?
Workforce etc
A
- movement of workforce
- international migration
- high skilled workers move to developed countries
- cultural exchange
- remittances sent home
5
Q
FOI - financial and current events?
A
Can spread easily and quickly
