Geography

Cards (9)

  • Globalization is the process by which the world is being interconnected as a result of increased trade and cultural interaction
  • TNCS are transnational companies
  • TNCS are companies that operate in more then 2 countries
  • Economic globalization is the global connections and flows of money between businesses jobs and workers
  • Social globalization
    The growth in interactions and sharing of information between people from different cultures backgrounds and countries
  • Political globalization
    The increasing amount of agreements treaties and deals made between different countries
  • Social media can influence world politicsĀ 
    • Trump on Twitter
    • Brexit
    • Politicians using social media
  • Technology has accelerated globalization
    1. Containerisation - a system of transporting huge amounts of goods via sea shipping more cheaply. It enables global supply chain.
  • IT advances have sped up globalization. It has led to the whole world being connected by media. The internet has reduced barriers of time and place. Technology is now accessible for majority of countries.