Globalisation

Factors affecting globalisation

• Travel between different countries is now easier, and it is both quick and relatively cheap to move around the world

• Communication is faster now than it has ever been, and ICT has made contact between people and between financial markets almost instantaneous

• Businesses frequently trade across borders because of the ease with which goods can be transported ans with which people can get in touch with each other, eg US manufacturers may buy their raw materials from Asia and export their goods to Europe, while an individual in one country can buy goods from another country using internet shopping

• People from one country often migrate to live…