Interdependence

Globalisation: the movement of people, goods and ideas around the world

Interdependence: the way in which countries around the world depend on one another, such as for trade and protection

Environmental issues: issues relating to the damage caused to te environment as a result of globalisation

Human trafficking: the abduction and illegal transportation of people for the purposes of forced labour or commercial sexual exploitation

Terrorism: the unlawful use of violence and intimidation, especially against civilians, in the pursuit of political aims

The United Nations: an international organisation committed to maintaining international peace and security

The North Atlantic Treaty Organisation: an intergovernmental military alliance between 29 North American and European countries

The International Monetary Fund: an organisation of 189 countries working to secure global financial stability through loans

The World Bank: an international financial institution that provides loans to countries of the world for capital projects

• Increased international trade

• Companies operating in more than one country

• Greater dependence on the global economy

• Freer movement of capital, goods and services

• Recognition of companies such as McDonalds and Starbucks in less economically developed countries (LEDCs)

• Improvements in transportation have meant that goods and people can travel more quickly and cheaply

• Freedom of trade through organisations such as the World Trade Organisation

• Improvements of communication due to developments in technology

• The exploitation of LEDCs' cheaper labour and reduced legal restrictions

• Inward investment by multinational companies helps countries by providing jobs for locals

• Multinational companies spending money on local resources, products and servives brings extra money into the local economy

• The sharing of ideas, experiences and lifestyles between cultures

• Increased Western awareness of events in the third world

• Increased awareness of global issues, such as deforestation and global warming

• Operates mostly in the interests of more economically developed countries (MEDCs), causing exploitation of LEDCs. 

• Profits are often sent back to the MEDC, meaning the LEDC does not benefit

• Transnational companies may drive local companies out of business

• Companies may operate unethically in LEDCs due to a lack of regulation, such as through pollution, disregard of safety hazards, poor working conditions and low wages

• Threatens cultural diversity due to the Westernisation of other countries

• Redundancies in the first world due to companies relocating

• Technological developments

• Trade

• Conflict

• International terrorism

• Environmental issues