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Globalisation- 10 important facts. Branded clothing is often made in poor countries LEDC’s People who make the products are paid very little A pair of jeans may have parts from many countries Nike has factories in many different countries
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Globalisation- 10 important facts • Branded clothing is often made in poor countries LEDC’s • People who make the products are paid very little • A pair of jeans may have parts from many countries • Nike has factories in many different countries • Globalisation effects what we eat and what clothes we wear • Some TNC’s revenue is greater than the GDP of certain countries • Most of the world’s largest TNC’s are based in America • The largest TNC’s include Exxon, Ford, Coca-Cola and Microsoft. • The main aim of TNC’s is to make a profit. • Globalisation means the way companies, ideas and lifestyles are spreading around the world.
