Globalisation

Question 1

Define globalisation

Answer 1

Globalisation is the movement away from many segregated, national economies towards a succinct international economic structure

Question 2

What are the three topics of globalisation for the essay

Answer 2

Manufacturing of goods. Exporting of goods. Technology. De-regulation.

Question 3

What are the two major technology advancements

Answer 3

Transportation and ICT

Question 4

How has technology of transportation evolved

Answer 4

Steam power was invented in the 19 century enabling large ships for international trade. Early 20th century the internal combustion engine for cars trains and ships.20th century also saw large commercial jet aircraft and containerisation.

Question 5

What have been the breakthroughs of ICT?

Answer 5

The Internet and emails.

Question 6

Why is the regulation important

Answer 6

D regulation has meant companies can trade goods with each other’s easily. For example pencils