What is globalisation?

Question 1

define globalisation

Answer 1

the growing interdependence of countries, people and cultures worldwide through increasing connections including trade in goods & services and glows of capital (money), technology and ideas

Question 2

name the 5 key things show globalisation

Answer 2

• trade all around the world
• stock trading (stock exchange)
• migration routes
• THE INTERNET
• fast food chains, franchises

Question 3

name the 4 different types of globalisation

Answer 3

economic, cultural, political, social

Question 4

define economic globalisation

Answer 4

the increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, services, technology & capital

Question 5

define culture globalisation

Answer 5

transmission of ideas, meanings and values around the world to extend & intensify social relations

Question 6

define political globalisation

Answer 6

growth of the worldwide political system, in size & complexity

Question 7

define social globalisation

Answer 7

sharing of ideas & info between and through different countries