Globalisation

Cards (9)

  • Globalisation is the process by which the world is increasingly interconnected through trade and cultural links. Essentially, the world is becoming a smaller place. Globalisation has increased the production of goods and services, and the biggest companies are no longer national firms but multinational corporations, e.g., Facebook, Twitter, Intel, Apple and McDonald’
  • how has globalisation helped the development of India : India is growing rapidly as a result of globalisation. The city Bangalore/Silicon Valley of India has IT healthcare and biotech industries. Bangalore‘s population has doubled to over 11 million demonstrating its development as it’s a centre for intelligent English-speaking business people who have effectively marketed their innovations globally.
    Intosys is an Indian company that serves in over 50 countries having a strong presence here.
  • How globalisation has hinder the development of India : India score is poor on the human index, which one in five living below the poverty line. Many rely solely on farming and they don’t benefit from globalisation, poor people often experience short and unhealthy lives, the impoverished often get paid low wages only the highly educated secure MNC jobs in cities like Mumbai.
  • Economic Benefits of Tourism
    Job creation, income generation, infrastructure development, and local business support
  • Social Benefits of Tourism
    Social connections, community development, and community empowerment
  • Economic Benefits of Tourism
    Generates income, employment opportunities, infrastructure development, and tax revenue
  • Social Benefits of Tourism
    Fosters social connections, supports community development, and promotes social cohesion
  • Environmental Challenges in Tourism
    Over-tourism, waste management, and climate change
  • Increased tourism can spoil the environment as the high-rise apartment blocks built for tourists do not fit in with the beach environment. In Spain some of these apartment blocks were built without planning permission and have been demolished as they cause visual pollution and spoil the spectacular coastal scenery.