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What is globalisation?

Explore the growth and spread of ideas, culture, money, goods, and information across borders. Learn why globalization has expanded, from faster transport to international firms and evolving markets in countries like India. Discover the impacts of skilled migration, shared interests, electronic financial exchanges, corporate influence, and more. Unravel the factors driving globalization, from advanced transport and communication technologies to emerging markets and the rise of international organizations.

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What is globalisation?

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  1. What is globalisation? It is the growth and spread of ideas, culture, money, goods, information around the world

  2. Why it has grown • There are many links between countries and regions which been made possible by • faster transport eg air • The internet and e-mail • Growth of international firms-banks, TNCs • Growing markets in poor countries like India

  3. Impacts • Skilled people move around the world • Migrants move to countries for better standard of living • People can share common interests in sport, music , films • Information by e-mail,global media • Trillions of dollars exchanged electronically everyday • Some TNCs make more money than a country • Global companies can influence how people vote and think about an issue-News Corporation/Fox News

  4. Nike • China= • Thailand= • South Korea= • Vietnam= • Others elsewhere in Asia • Also factories in S_____A_____, A______,C_______I_____,T_____,U__ • None in A___________

  5. EXAM Q=What factors have helped globalisation?

  6. Answer • faster transport eg air, high speed rail • Cheaper transport costs eg container ships • Satellite communications • Mobile phones, smart phones • Fast broadband speeds • The internet and e-mail –allow instant replies, people can communicate, video conferencing

  7. Level 3 • Expanding markets in developing countries like India-the economy is expanding and the middle class is growing in size so there is an increased demand for latest technology eg… • The growth of international organisations like banks(….)and TNCs(….)

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