global migration 2.2.1 - globalisation

Question 1

define Globalisation

Answer 1

The increasing interconnection of the worlds economical, cultural and political systems
The flows of capital information
commodities, tourists and migration

Question 2

what does TCT stand for

Answer 2

transport, communication and trade

Question 3

list the flows of movement (second verse of globalisation song)
names and explain them

Answer 3

-CAPITAL (money- where free market liberalisation- HIGHER OUTPUT, LOWER COSTS playing a role in financial services internationally
-INFORMATION/ technologies (global data flows increased rapidly, social media growth, faster broadband)
-COMMODITIES (trade of food, resources- due to the rapid development of emerging economies such as china- which uses industrial demand and increasing global middle class)
-TOURISTS (Europe receives most tourists and china generates the most international expenditure)
-MIGRATION (migrating internationally for work or survival)

Question 4

explain how connections between people and places have
-deepened
-lengthened
-shortened (sped up)

Answer 4

-due to everyday life becoming globally connected
- people are now able to tour across the country, as well as products being shipped at greater distances
- people due to technology, able to face-time and communicate to families quickly if across the world now and use of plane for international migrants means they can get to other countries fast

Question 5

define the three types of globalisation

Answer 5

Economic Globalisation- is the ability to trade with other countries and have fewer trade boundaries due to this
Social Globalisation- there are networks of people across borders and discuss ideas through social media
Political Globalisation- now there’s political co-operation between countries

Question 6

list the three main reasons for Globalisation

Answer 6

1. Improved communication
2. improved transport
3. free trade agreements

Question 7

what are the two features that drive globalisation more

Answer 7

1. New markets
2. the growth of TNC’s

Question 8

what are the 2 reasons for improved communications in globalisation

Answer 8

• the development of satellites for TV channels
• helps communication of TNCs to operate across the world

Question 9

what are the reasons for improved transport

Answer 9

the development of transporting goods using container ships

Question 10

what are the reasons for free trade agreements

Answer 10

• unable to put taxes and tariffs on foreign products
• reduce restrictions of import and export which can make trading easier

Question 11

what are the reasons for new markets to drive globalisation

Answer 11

new markets drive globalisation because of the opening of global trade to populous markets such as india and china which encourages investment to generate new sales

Question 12

what are the reasons for the growth of TNCs driving globalisation

Answer 12

-The growth of TNCs helps drive globalisation because it allows TNCs to produce goods and services and sells them on a mass scale across the world
-examples of TNCs being McDonalds and Nike