Globalisation Flashcards

1
Q

Globalisation

A

The flow of the people capital and culture

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2
Q

Transnational

A

A cooperation or enterprise that manages production establishment or delivers services in a at least two countries

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3
Q

Globalisation (lengthening )

A

New links between places that are greater distances apart

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4
Q

Globalisation (deeper)

A

More people’s lives connect with far away places - cheaper travel and purchasing commodities

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5
Q

Types of flows

A
People 
Goods 
Commodities 
Capital 
Information
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6
Q

Means of flows

A

Trains
Fibre optics
Bank networks and social media

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7
Q

5 main drivers of 21st century

A

Mobile phones , internet , social networking and electronic

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8
Q

World trade organisation

A

Agrees on trade rules 123 countries agreeing to reduce tariffs and agriculture subsidies

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9
Q

United Nations

A

Promotes peace and cooperations to work together

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10
Q

Containerisation

A

A system of transporting goods in string , standardised steel containers

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