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Globalisation - the in creasing links between different countries throughout the world and the greater interdependence that results
from this
Interdependence - the relationship between two or more countries, usually in terms of trade

Globalisation happens because of international trade and investment

Improvements in ICT and Transport
Improvements in…

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Coca Cola

Coca-Cola is a carbonated soft drink sold in the stores, restaurants, and vending machines of more
than 200 countries.
- It is the number one manufacture of soft drinks in the world.
- Their headquarters are situated in Atlanta, Georgia, USA
- 70% of its sales are generated…

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Prohibition of Strikes - Chinese workers can strike but they must be forced back to work as quickly
as possible by the Chinese union (ACFTU), the only union Chinese workers can join by law.
Tax Incentives/Zones - China has SEZs (Special Economic Zones) where TNCs can pay less tax or…

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Buying Local foods helps to reduce the food miles and thus, reduces carbon dioxide emissions as it hasn't travelled a long distance.
It also helps to support local farmers and businesses.
However, if people only buy locally it can put people in LEDC's who export food out of business.


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Key Terms
Newly Industrialised Countries- LEDC's in which manufacturing Globalisation - the system of interaction among the countries of the
industries have grown leading to economic development. world in order to develop the global economy.

Industrialisation- the development of industry on an extensive scale. Transnational Corporation- Companies that produce and…





George G Heal



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