Created by Will Wotton
over 3 years ago
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Question | Answer |
How many users did Facebook have in 2015? | 1.5 Billion |
Give two examples of trade blocs. | EU and NAFTA |
Examples of IGOs | World Bank, WTO and IMF |
Define outsourcing | To obtain goods or a service by contract from an outside supplier. |
Define offshoring | The practice of basing some of a company's processes or services overseas, so as to take advantage of lower costs. |
Define deregulation | The removal of regulations or restrictions, especially in a particular industry |
Define westernisation | Westernisation is the process where societies come under or adopt Western culture in areas such as industry, technology, politics, economics, lifestyle, law, norms, mores, customs, traditions, values, mentality, perceptions, diet, clothing, language, alphabet and religion. |
Define containerisation | Containerisation is a form of operating trade through containers where all trade members use the same type of containers. |
What does it mean if a country is switched off? | Switched-off areas are usually excluded from global flows of trade, capital, labour and information and these countries are generally left behind whilst other countries prosper and benefit from globalisation. |
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