Globalisation
- Created by: melissa taylor
- Created on: 30-03-14 15:59
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- Globalisation
- Factors that have accelerated globalisation
- Transport
- Communication technology
- TNCs
- Oil money (OPEC)
- International organisations (UN, WTO, World Bank)
- Advantages
- Industrialistion
- Education
- Opportunities
- Wealth and trade
- Knowledge and culture exchange
- Disadvantages
- Growing inequality
- Worker exploitation
- Westernization of indigenous cultures
- Domination of TNCs
- Economic groupings
- LEDCs
- NICs
- OECD (organisation for economic cooperation and development)
- OPEC
- Key Terms
- Interconnected
- Glocalisation
- Global hub
- Multiplier effect
- Natural resources
- Factors that have accelerated globalisation
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