Globalisation

Globalisation is:

• the introduction of the internet to make us closer to others in the world. 
• the breakdown of traditional barriers between nations through technology and transport
• faster travel around the world
• the movement of people and ideas around the world.

Huge container ships allow:

• Clothes to be bought from overseas.
• People to travel to any country they want.
• Goods to be transported all over the world. 
• People to go on cruises to many parts of the world. 

Transnational corporations:

• tend to make their products in lower-cost countries. 
• are involved in slave labour.
• do not look after their workers. 
• make cheap products and sell them at a high price. 

What are some positive effects of Globalisation ?

• Increased freedom to travel and immigrate,better access to medicine,information, and technology.
• Lower prices for developed countries and low paying jobs in underdeveloped countries
• Less pollution in the world
• All of the above

E-Commerce allows you to buy and sell goods on the Internet

• True
• False

Globalisation is good because of an ________________ in standard of living , but is bad because there is a _____________ in local cultures and traditions

• increase / decrease
• decrease / increase
• increase / increase
• decrease / decrease

Global Media is a ______ Type of Globalisation

• Environmental
• Political
• Economic
• Social

Falling transport costs due to containerization is mostly a ___________ type of globalisation

• Economic
• Technological
• Political
• Social

Stock markets are a ___ type of globalization

• Political
• Economic
• Historical
• Social

Which of the following are benefits of international trade?

• acquiring goods that you do not produce yourself
• the ability to sell your goods to others for a profit
• the ability to specialize production of certain goods in your country
• all of the above are benefits