What are the 4 drivers of globalisation?
- Political Parties - TNC's - Computer Technology - Transport Technology
- TNC's - Brands expanding - Population intergration - Transportation
What are TNC's?
Transnational corporations are global brands that operate in several countries.
Transnational corporations are large companies that operate in one country
What is globalisation?
Globalisation is where many people come together and create a larger population.
Globalisation is the way countries are becoming more interconnected both economically and culturally.
What are some positive impacts of globalisation?
Better for governments, smaller economies, more individualality for countries, independant culture.
Fatser economic growth, quicker access to technology, cheaper imports, more effecient world economy, creates millions of jobs.
What are some negative impacts of globalisation?
Responsible for many environmental problems e.g. global warming, 3rd world countries are being taken advantage of, loss of culture.
Overpopulation, decrease in customers for large businesses, jobs being lost.
What is the process of globalisation?
Resources are gathered from a country > sent to factories another country > products are advertised in first world countries > products are globally distributed > the trade of products made possible through export > the products impact countries population.
Resources are gathered from many different countries > sent to factories and sales outlets in other countries > products are advertised globally through technology and communications > products are globally distributed through transporting technology > the trade of products made possible through trade agreement, free trade and import/export> the products impact countries culture and economy.
