Globalisation Flashcards

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1
Q

Definition of globalisation

A

the way things like companies, ideas, lifestyles, fashion and people are moving more and more easily around the world

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2
Q

Factors leading to globalisation

A

Transport, technology, communication & mass media

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3
Q

Characteristics of TNCs

A

Transnational corporations thrive through international trade, becoming recognisable names on high streets and screens worldwide

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4
Q

Why go global (TNCs)

A

To gain more profit and help their businesses grow

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5
Q

Arguments for globalisation

A

New jobs and development within cities such as bangladore

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6
Q

Arguments against globalisation

A

Increase in child labour & unfair working conditions to encourage foreign investment E.g sweatshops

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