What is GLOBALISATION? Flashcards

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1
Q

What are globalisations 3 popular definitions within sociology?

A

Economic, Political and Cultural

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2
Q

What is economic globalisation?

A

Capitalist free markets operate without national borders

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3
Q

What is political globalisation?

A

Global TNCs, charities & multi-state organisations make political decisions for many countries.

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4
Q

What is cultural globalisation?

A

Global media & communications, travel & tourism and world sport mean we’re all part of a world community.

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5
Q

What is a TNC?

A

A transnational corporation - a company with employees and facilities in several countries.

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