Globalisation Flashcards
1
Q
Define globalisation.
A
The process where goods, services, and cultural influences become similar worldwide.
2
Q
What are two advantages and two disadvantages of globalisation?
A
Advantages: Increased global awareness and economic investment.
Disadvantages: Threat to cultural diversity and environmental exploitation.
3
Q
What is the role of multinational companies (MNCs) in globalisation?
A
They drive global trade, create jobs, but can exploit labour and resources.
