Dimensions Of Glosblsiation

Question 1

What are the dimensions of globalisation

Answer 1

Cultural dimensions

Political dimensions

Social dimensions

Economic dimensions

Question 2

What are cultural dimensions

Answer 2

Western culture is dominate

Sharing of ideas - cultural exchange

Question 3

What are political dimensions

Answer 3

Growth of trading blocs
-> reduce trade restrictions

Global concerns
-> free trade

IMF, WTO work together to harmonise national economies

Question 4

What are social dimensions

Answer 4

International Immigration
-> cultural exchange

Global improvement in education healthcare and QOL

Social interconnectivity has grown due to mobile phones

Question 5

What are economic dimensions

Answer 5

Growth of TNCs
-> more exchange of material, goods and products

Information and technology supports growth of labour firms

Online purchases