Globalisation Flashcards by Izziexxxfrogz 🐸🥑

Q

Freedom of trade

A

Promoted by the world trade organisation

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Q

Improvements in communication

A

Internet and mobile communications

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Q

Improvements in transportation

A

Larger shops, ecomies of scale and speed of transport

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Q

Labour availability and skills in LEDS

A

low labour costs high skills levels , less regulations

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Q

Globalisation means the way things like

A

Companies , ideas , jobs , lifestyles , fashions , people
Are moving more and more easily around the world

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Q

What is a tnc

A

A company that has many branches around the world

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Q

Globalisation

A

Refers to the globe becoming more interconnected with each other

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