Cas Studies Chapter 8

Question 1

Developments in transportation

Answer 1

One example is the development of container ships, which can travel at 37-48km/hr as compared to steamships travelling at 13km/hr.

Question 2

Growth of multinational corporations

Answer 2

MNCs are businesses with economic activities in more than one country, and they control several aspects of international trade and investment.
One example is Starbucks: it is supplied with coffee beans from over 27 countries, roasts its beans in the USA and India, and then delivers these to consumers in over 65 countries

Question 3

Advances in technology

Answer 3

With the smartphone introduced in the 21st century, ppl around the world are able to connect and communicate through messaging and gain access to vast amounts of informations.