The Role of Globalisation in Economic Change Flashcards
1
Q
In economic terms globalisation…
A
has led to increasing flows of ideas, capital, goods and services and people.
The global economy is knitted together
Globalisation is driven by economic changes across all scales from local to national
2
Q
TNCs
A
Key players in the global economy
3
Q
Global Shift
A
The relocation of manufacturing production on a global scale
