Globalisation Flashcards

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1
Q

Globalisation

A

is the increasing connectedness of countries around the world through movement of goods, services, capital and ideas across borders

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2
Q

What are the types globalisation

A

social

economic

political

environment

cultural

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3
Q

Example of social globalisation

A

migration , tourist

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4
Q

Example of cultural globalisation

A

migration and language

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5
Q

Example of economic globalisation

A

Currencies , trade and aid

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6
Q

Example of political globalisation

A

NATO and EU

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7
Q

Transnational Corporations (TNCs)

A

Companies who operate in many countries producing and selling goods and services

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8
Q

Glocalisation

A

Changing the design of products to meet local tastes or laws

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9
Q

Trading blocs

A

A group of countries and/or organisations that work together for trading purposes

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10
Q

How would we describe modern globalisation

A

Lengthening of connections between people and places, with products obtained from further away than ever before

Deepening of connections with the feeling of being deeply connected to other people and places in every aspect of life

Faster speed of connections, with the ability to communicate with others in real time using new technologies or travelling quickly between continents

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11
Q
A
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