Factors that enabled globalisation

• The computer - a programmable electronic device that performs mathematical calculations and logical operations
• The Internet - a huge system of networking that connects millions of computers worldwide
• ICT (Information and communications Technology)


  Use of computer-based technology to communicate using computer, etc.
• Corporations


  • A business or an organization that has been formed by a group of people
• Corporations

  • Apple
  • Samsung
  • Microsoft
  • Nike
  • Jollibee
• Regional Blocs


  A group of countries from the same area that come together and make agreements for political and economic reasons
• Regional Blocs


  • Southeast Asian Nations (ASEAN)
  • Gulf Cooperation Council (GCC)
• Economics


  The production of goods & services
• Types of economic products

  • Goods - objects you can touch (shoes, cars, refrigerators)
  • Services - activities that produce an output that is not touchable (Medical care, etc.)
• The Web - way of accessing information through the internet