What is globalisation?

It is the growth and spread of ideas, culture, money, goods, information around the world

Why it has grown

• There are many links between countries and regions which been made possible by

• faster transport eg air

• The internet and e-mail

• Growth of international firms-banks, TNCs

• Growing markets in poor countries like India

Impacts

• Skilled people move around the world• Migrants move to countries for better standard of living• People can share common interests in sport, music ,

films• Information by e-mail,global media• Trillions of dollars exchanged electronically everyday• Some TNCs make more money than a country• Global companies can influence how people vote and

think about an issue-News Corporation/Fox News

Nike

• China=• Thailand=• South Korea=• Vietnam=• Others elsewhere in Asia• Also factories in S_____A_____,

A______,C_______I_____,T_____,U__• None in A___________

EXAM Q=What factors have helped globalisation?

Answer

• faster transport eg air, high speed rail • Cheaper transport costs eg container

ships• Satellite communications• Mobile phones, smart phones• Fast broadband speeds• The internet and e-mail –allow instant

replies, people can communicate, video conferencing

Level 3

• Expanding markets in developing countries like India-the economy is expanding and the middle class is growing in size so there is an increased demand for latest technology eg…

• The growth of international organisations like banks(….)and TNCs(….)