Globalisation Flashcards
1
Q
Globalisation def
A
The process by which the world is getting increasingly interconnected
2
Q
Globalisation key aspects
A
- Increase in independence and communication between countries
- Manufacturing goods and services are international
- People, culture, money goods and information can be transferred between countries with few or no barriers
3
Q
3 positives of social media
A
- Instant connection with family/friends
- Can see views/opinions across the globe
- Can be used to promote businesses/make money
4
Q
Causes of shrinking world (3)
A
- social media
- planes
- Cars /roads
5
Q
Impacts of shrinking world
A
- Instant global contact (no delay)
- Faster travel
6
Q
TNC def
A
A transnational company (TNC) is a large corporation that operates in several countries
7
Q
How do TNCs work
A
They often have factories in countries that are not as economically developed
8
Q
Benefits of TNCs
A
9
Q
Problems with TNCs
A
10
Q
Nike case study info
A
11
Q
Why do countries trade?
A
12
Q
Which countries trade what?
A
13
Q
Role of shipping container
A
14
Q
How trade is unfair
A
15
Q
Aid def
A
The movement of money and/or resources from one place to another in order to help the receiver
