Factors which have accelerated Globalisation
- 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
- Open franchises in countries all over the world
- Transport
- Development of international travel
- Cheap flights e.g. easyjet and ryanair
- People move abroad for economic/pleasure reasons
- increase foreign migration
- People move abroad for economic/pleasure reasons
- Allows people to migrate far more readily
- increase foreign migration
- Cheap flights e.g. easyjet and ryanair
- 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'
- Open franchises in countries all over the world
- increase in trade between countries
- Culturaldiversity
- Wealth for some nations
- increase in trade between countries
- Culturaldiversity
- Wealth for some nations
- 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
- Culturaldiversity
- increase in trade between countries
- 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
- Culturaldiversity
- Development of international travel
- 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
- development of complex financial products e.g. derivatives
- TNCS
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