Topic 2: GLobalisation

Question 1

What is globalisation?

Answer 1

The process of the world becoming more connected and interlinked. Countries become interdependent. The world is “shrinking” and becoming a single community.

Question 2

How are connections between people and environments changing (globalisation)??

Answer 2

Connections are…
LENGTHENING - new links being formed between places far apart - eg you can fly to any country
DEEPENING - more people are becoming involved with far away places - eg anyone can buy products from all over the world in their local supermarket

Question 3

What are the factors to why globalisation is accelerating?

Answer 3

TNCS
NEW MARKETS
IMPROVED COMMUNICATIONS 
TRANSPORT
INTERNATIONAL ORGANISATIONS -  TRADE DEVELOPMENTS

Question 4

How have TNCS accelerated globalisation?

Answer 4

have grown and developed global production and sales networks.
Promoted and spread new technologies
Promoted particular cultures - eg Mcdonalds - western styled fast food to other countries
Potential investment and creation of jobs in host country.

Question 5

How have new markets accelerated globalisation?

Answer 5

developing countries - large population and increasing wealth - will want to buy new products.
Shares in companies - exchanges in LDCs are getting bigger and attracting more investment eg mumbai
Availability of new markets encourages more global trade which accelerates globalisation