Globalisation

Question 1

What is globalisation?

Answer 1

the process by which people, culture, finance, goods and information transfer between countries with few barriers.

the world is becoming deeply connected which means that connections are longer and people can communicate with others no matter where they are in the world.

Question 2

5 types of globalisation

Answer 2

Economic- growth of tncs etc

cultural- McDonalds are in 120 countries with 30,000 restaurants which ensures people eat similar food

political-democracies and decision making

demographic-increases mixing and migrating of populations

environmental- increasing prevalence of environmental problems such as climate change

Question 3

factors that have affected globalisation

Answer 3

Internet

transport

infrastructure

fibre optics

electronic banking

Question 4

shrinking world

Answer 4

this means that distance and time is becoming less relevant because we can connect with the other side of the world so easily. for example we can contact people in china in an instant due to technological improvements.

better infrastructure etc

Question 5

how has transport enabled globalisation- containerisation and amazon

Answer 5

due to containers being able to carry a larger load, trade is a lot easier to import and export. containerisation has reduced the costs of shipping.

in 2016 amazon became the 4th most valuable company. the is due to the easy access of online shopping. anyone at any time can order from the site