Globalisation

globalisation involves

• Increasing trading of goods and sharing of ideas

• Increasing connections and communication

• less cultural integration

• Less collaboration between countries

Globalisation has increased because of

• Increased technology e.g. social media

• Lack of transport

• Cheaper costs of transport

• less political integration between countries

An example of economic globalisation is

• Migration

• Trying new food from another country

• Increased trade between countries

An example of political globalisation is

• Increased trading between countries

• The EU or the UN

• Increased sharing of ideas

• TNCs

TNC's are

• Transnational Companies with operations in one country

• Transnational Corporation with operations in one country

• Transnational Corporations with operations in more than one country

• Transnation Companies with operations in one country

In LIC's/NEE's globalisation has

• Provided increased jobs

• had only positive impacts

• Allowed for continued development within the country

• led to a decrease in opportunities

Two economic advantages of globalisation are

• Sharing of lifestyle of cultural ideas

• providing jobs and development in LICs

• Increased fossil fuels and global warming

• Sharing of wealth between HICs and LICs

Social impacts of globalisation are

• Increased sharing of ideas and cultures

• providing jobs and development in LICs

• Increased fossil fuels and global warming

• loss of cultures as places become increasingly similar

Globalisation has led to negative impacts in LICs that include

• Environmental pollution e.g. Chemicals into rivers

• Exploitation of workers in sweatshops

• Decline of industrial cities

• Loss of jobs

In HIC's globalisation has led to

• Derelict factories

• Urban decline and unemployment

• Increased job opportunities

• Rising crime in certain cities