going global - background
- Created by: jake whitton
- Created on: 12-04-14 12:48
View mindmap
- globalisation
- key characteristics
- To do with the ways in which places and people are becoming evermore closely linked
- The process by which people, their cultures, money, goods and information can be transferred between countries with fewer or no barriers
- factors that encourage globalisation
- 'switched on'
- 3 Ms - motive, means and mobility
- motive- profit, country must have financial gain
- mobility- improved transport and communication links
- means - financial support (from banks)
- human and natural resources
- opportunities presented
- trade alliances
- political unions
- more jobs in LICs
- TNCs
- sharing of knowledge and culture
- problems caused
- loss of individuality amongst nations
- immigration issues
- loss of jobs in HICs
- Economic groupings
- MEDC - more economically developed country
- NIC - newly industrialised country
- LEDC - less economically developed countries
- LDC - least developed countries
- EU -European Union - economic and political grouping of 27 European countries
- HIC - highly industrialised countries
- G8 - 8 most powerful countries in the World who meet annually to discuss pressing issues
- OPEC - organisation of petroleum exporting countries, mostly in the middle east
- key characteristics
Similar Geography resources:
Teacher recommended
Comments
No comments have yet been made