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Geography > Globalisation > Flashcards

Globalisation Flashcards

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1
Q

What are 4 reasons for globalisation

A

Free trade
TNC’s
Privatisation
Foreign direct investment

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2
Q

What is free trade

A

Free flow of goods and services without tariffs

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3
Q

What is FDI

A

When the UK can invest abroad

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4
Q

What are TNC’s

A

Transnational corporations eg. Coca Cola

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5
Q

What is privatisation

A

Change in ownership of services eg. Rubbish collection from public sector to private sector

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Geography (58 decks)

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