unit 2; topic 2; lesson 5

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  • Created by: Noah bass
  • Created on: 10-04-17 16:14
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  • Changing patterns of globalisation
    • International trade; the exchange of goods between countries
      • TNC's= have invested in developing countries to manufacture goods which are shipped around the world= increasing the growth of global trade
    • Commodities; goods bought on the world market
      • Commodities are increasing being traded on the world market are food, oil, gas, minerals and manufactured goods
    • Foreign direct investment; when a business from one country invests money in a company in another country or builds its own factories or office in another country
    • Local benefits
      • Building of infrastructure, jobs,
    • inequalities
      • favours developed countries

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