Reasons for increase in globalisation

  • Created by: aleejcbg
  • Created on: 30-10-16 13:44
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  • Reasons for increase in globalisation.
    • Free Trade
      • Removing trade tariffs and quotas has promoted easier and faster trade.
    • Oil money
    • TNCs
      • Have shifted their production to the developing world and created global conncections and trade links.
    • Communication's technology
      • Satellite and fibre optic communications have led to growth of mobile and internet communications, and falling communication costs.
    • Transport Technology
      • Containerisation has led to increasingly cheap, automated and efficient methods of transport. For high value, low volume goods and people, cheap air travel has revolutionised transport.
    • The Media
    • International Organisations
    • Consumers
    • Financial Deregulation

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