Globilisation

Question 1

What is development?

Answer 1

Development is a measure of how advanced a country is socially , economically or technologically from before

Question 2

What is globilisation?

Answer 2

Globilisation is the spread of ideas and culture from one or more countries making everyone more interconnected.

Question 3

How does globilisation increase development?

Answer 3

It increases development because their is more of a market for things you sell that come from different parts of the world. Because of this the economy rises.

Question 4

What is A TNC?

Answer 4

Large companies like apple that spread their businesses all over the world.

Question 5

How do TNC’s increase development?

Answer 5

They improve the living standards and money for many people who live in less developed countries. A TNC like apple will build its factories in china and sell their products in america, this increases employment and money which changes the economy significantly.

Question 6

How do goverments contribute to globilisation ?

Answer 6

Organisations like the UN or The world trade organisation will encourage governments to increase:
- investement in TNC’s which will bring , jobs,wealth and tax.
- movement of people- The encourage migration for better empolyment and lifesyles , bringing more culture with them
Free trade- this allows more products to be traded easier between countries making the world even more interconnected