Factors which have accelerated Globalisation

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  • Created by: Sonia
  • Created on: 16-12-12 17:16
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  • How Globalisation has increased over time
    • TNCS
      • Open franchises in countries all over the world
        • Recognisable 'global brands'
      • Sell goods and provide jobs for locals
        • Increased cultural diversity
        • Economic changes to famillies/regions
          • Multiplier effect
      • Compaines have different parts of the company at many different locations
        • HQ in one country, maufacturing in another
        • parts of products made in many different locations
    • Transport
      • Development of international travel
        • Cheap flights e.g. easyjet and ryanair
          • People move abroad for economic/pleasure reasons
            • increase foreign migration
        • Allows people to migrate far more readily
          • increase foreign migration
      • Growth in containerised shipping since the 1940's
      • TNCs can sell their products abroad
        • Open franchises in countries all over the world
          • Recognisable 'global brands'
      • increase in trade between countries
        • Culturaldiversity
          • Wealth for some nations
            • increase in trade between countries
              • Culturaldiversity
                • Wealth for some nations
                • e.g. coffee from india
                • e.g. oil saudi arabia
                • Trade become increasingly free followincollapse of communism
                  • formed communist countries openedup to inward investment and global trade
          • e.g. coffee from india
          • e.g. oil saudi arabia
          • Trade become increasingly free followincollapse of communism
            • formed communist countries openedup to inward investment and global trade
      • Economic reconstruction
        • development of complex financial products e.g. derivatives
          • global credit makrets grow rapidly
          • set ups e.g. the EU.
            • countires become more connected

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