Globalisation

Question 1

What is globalisation?

Answer 1

The growing interdependence of the world’s economies, cultures and populations, brought about by cross-border trade in goods and services, technology and flows of investment, people and information.

Question 2

Globalisation is the ______ by which the world is becoming increasingly _______. We now communicate, trade, _____ and share each other’s cultures more easily around the _____.

Answer 2

Globalisation is the process by which the world is becoming increasingly interconnected. We now communicate, trade, travel and share each other’s cultures more easily around the world.

Question 3

What are some of the causes of globalisation?

Answer 3

1) The internet
2) Mass production
3) Increasing wealth

Question 4

How is mass production a cause of globalisation?

Answer 4

It means that because there are many more of the products, they are much cheaper and can be shipped in mass bulk and therefore more people will buy them.

Question 5

Container ships allow globalisation because ___________.

Answer 5

Because they can ship things in mass bulk.

Question 6

What is a TNC?

Answer 6

Trans-National Corporations are companies that operate all around the world.

Question 7

What are some examples of TNC’s?

Answer 7

Apple, Android, Nike, Adidas, Amazon, JCB, Toyota, Tesla, Volkswagen