Globalisation

Question 1

the increasing of interconnectivity between countries around the world through the movement of goods , services, capital and ideas across borders

Answer 1

globalisation

Question 2

what are the four types of globalisation

Answer 2

economic , social , cultural and political

Question 3

increase of TNCs and ITCs

Answer 3

economic globalisation

Question 4

international migration , improvements in education and healthcare and social interconnectivity

Answer 4

social globalisation

Question 5

increase in trade blocs , free trade agreements and global agreements (world bank , IMF ans WTO)

Answer 5

political globalisation

Question 6

glocalisation , spread of western culture , hybridisation and the shrinking of time space compression

Answer 6

cultural globalisation

Question 7

companies who operate in many countries producing and selling goods or services

Answer 7

TNCs

Question 8

changing the design of a product or service to suit a local culture

Answer 8

glocalisation

Question 9

give an example of glocalisation

Answer 9

McPaneer in India adopted by McDonalds to suit that audience

Question 10

a group of countries or organisations working together for trading purposes

Answer 10

trading blocs

Question 11

how were global connections traditional formed?

Answer 11

through trade , colonalism and co-operation between countries through international organisations

Question 12

how are global connections maintained and improved today?

Answer 12

• lengthening connections (products being obtained from further away than ever before)
• deeping connections
• faster speed of connections (improvement of technologies or travel)

Question 13

how many global flows are there?

Answer 13

five

Question 14

name the five main global flows

Answer 14

tourism , migration , capital , commodities and information

Question 15

money flowing through the stock market

Answer 15

capital flow

Question 16

the trade of valuable raw materials such as fossil fuels

Answer 16

commodity flow

Question 17

internet and real time communication

Answer 17

internet flow

Question 18

permanent movement of people yet still facing challenges with border controls and immigration laws

Answer 18

migration flows

Question 19

budget airlines making it possible to travel further and with more ease

Answer 19

flow of tourism

Question 20

what has developments in transport led to

Answer 20

more trade , transport developments allows for a larger amount and value of trade

Question 21

where is profit from often invested?

Answer 21

into developing transport technologies

Question 22

what are the four transport developments between the 19th and 20th centuries

Answer 22

1 - steampower
2 - railway networks
3 - jet aircraft
4 - container ships

Question 23

what did steam power do for trade?

Answer 23

steamships and trains moved good along trade roots quickly in the 1800s

Question 24

when was steam power used

Answer 24

the 1800s

Question 25

what did railway networks do for trade?

Answer 25

allowed for global links to form

Question 26

when were railway networks developed

Answer 26

the 1800s

Question 27

what is HS2

Answer 27

the new railway network transport development linking london and northern england together in half the time than what it takes currently

Question 28

what has jet aircraft done for trade?

Answer 28

made international trade easier and faster

Question 29

what was the famous intercontinental jet aircraft in the 1960s

Answer 29

intercontiental boeing 747

Question 30

what has container ships done for trade?

Answer 30

allowed for more trade than ever before to be transported at any one time relatively quickly

Question 31

what is the largest container ship as of march 2023

Answer 31

MSC Irina

Question 32

how many containers can MSC Irina carry?

Answer 32

23,400

Question 33

the reduction in time to reach other places around the world due to technological developments

Answer 33

shrinking world effect

Question 34

what can the shrinking world effect also be called?

Answer 34

time-space compression

Question 35

what are the five ways of ICT and global communications

Answer 35

1 - telephone and telegraph 2 - broadband and fibre optics 3 - GIS and GPS 4 - internet , social media and skype 5 - mobile phones

Question 36

if a country sees globalisation as a threat what does it try to protect itself from?

Answer 36

FDI and TNCs

Question 37

what does FDI stand for

Answer 37

foreign direct investment

Question 38

what does TNC stand for

Answer 38

transnational corporation

Question 39

what are some of the strategies national governments can use to boost growth of TNCs

Answer 39

- free trade blocs - SEZs - tax incentives - free market liberalisation - privatisation - business start-ups

Question 40

allows for allies and neighbouring countries to trade freely

Answer 40

free trade blocs

Question 41

# grow , demand , market , merge what are the benefits of free trade blocs

Answer 41

- companies growing - bigger market and more demand - smaller companies can merge making TNCs to reduce costs

Question 42

# encourage how can government polices help the growth of TNCs

Answer 42

growth of TNCs can be encouraged through a range of government policies