Globalisation
globalisation mind map
- Created by: lemonmonster
- Created on: 12-06-13 16:28
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- Globalisation
- globalisation is the process of the world economies becoming intergrated into a single community
- interdependance
- interdependance is when countries rely on each other, usually for trade
- TNC
- Transnational corporation
- companies with an hq in one country and branches in one or more countires
- tnc's increase globalisation by increasing connections between countires and global interdependance
- Transnational corporation
- deindustria-lisation
- effects
- lots of manual workers lose their jobs
- as factories close down some buildings become derilict
- there can be an increase in higher paid service industries like banking and insurance companies
- manufacturerse move factories to NICs as it is cheaper to produce more goods there. Manufactureres close down as they can't compete with the price of goods manufactured in NICs
- manufacturing in NIC's has increased and manufacturing in MEDCs has decreased
- effects
- Untitled
- e.g rochdale
- effects
- lots of manual workers lose their jobs
- as factories close down some buildings become derilict
- there can be an increase in higher paid service industries like banking and insurance companies
- Untitled
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