Globalisation Flashcards

1
Q

Define globalisation

A

Increasing interdependence between countries through flows of capital, trade, goods and services as well as culture and ideas.

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2
Q

Types of globalisation
Political

A

global organisations e.g the UN

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3
Q

types of globalisation
Economic

A

Growth of TNCs which have a global brand image
Spreading of investment around the world.
Rapid growth in world trade

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4
Q

Types of globalisation
Cultural

A

Diversifying
Similar foods, clothes, music and values

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5
Q

types of globalisation
Environmental

A

Paris agreements
Pollution affecting other countries

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6
Q

Globalisation increases interdpeendance
Explain

A

The success of one place depends on the success of other places.

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7
Q

What does globalisation increase the flows of

A

Goods and services
Capital
People and tourists
Information

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8
Q

Explain containerisation

A

Process of using large shipping containers to transport goods.
Has changed how freight can be transported internationally.
Huge amounts of products have been loaded onto trains, planes and boats and transported.

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9
Q

What is a positive of containerisation

A

Makes global transportation cheaper as less trips are needed to transport the same amount of product.

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