What is globalisation?

Question 1

What is the old definition of globalisation?

Answer 1

Economic, cultural, political connections through trade, colonisation and co-operation.

Question 2

What is the modern definition of globalisation?

Answer 2

Connections between people and environments across the globe which are lengthening and deepening.

Question 3

What is a trans-national company?

Answer 3

Corporation or enterprise that manages production establishments or delivers services in at least 2 countries.

Question 4

What does lengthening connections mean?

Answer 4

New links are growing between places that are further distances apart.

Question 5

What does deepening connections mean?

Answer 5

More and more people’s lives now connect with far away places and it no longer just the rich who are living ‘globally’

Question 6

What is globalisation the flow of?

Answer 6

Money, goods, ideas, people, music, videos.

Question 7

What two things have increased/improved as a result of globalisation?

Answer 7

Interdependence & Interconnectedness

Question 8

What are the types of globalisation?

Answer 8

Economic, cultural, political, demographic, environmental

Question 9

What are some examples of each type of globalisation?

Answer 9

Economic - growth of TNCs, FDI, world trade
Cultural - global news, fast food
Political - G8 domination, people aspiring to consumerist societies
Demographic - BR, DR changes affected natural increase, internal migration and economic migrants affecting urban population and international migration.
Environmental - global solutions needed to deal with global environmental threats