he adaptation of a global product for a local market place. The word comes from an amalgamation of the words globalisation and localisation.
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Globalisation
The spread of economic, cultural and social ideas across the world
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Localisation
The act of operating locally in terms of employees, product, supply of raw materials, etc.
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Hyperglobalists/Capitalists/Free marketeers
These are people that are all firmly in favour of a free market system with no or very little government intervention. These groups often blame economic problems on too much intervention
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Skeptics/Anti-globalists/Communists
They accept the existence of the current globalised system, but would like it altered in some way. This maybe greater government regulation, more stringent environmental controls or greater local production
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Civil Society
Any organisation or movement that works in the area between the household, the private sector and the state to negotiate matters of public concern.
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Trade Union
An organisation where workers have grouped together in order to achieve common goals. This might be improved pay, better safety, longer holidays, protection from lawsuits, etc.
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Faith Based Organisation
A group that is based on certain religious beliefs. Faith based organisations like Christian Aid may have certain beliefs, but it doesn't necessarily stop them from supporting people with alternative beliefs.
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Community Group
Organisation based in local areas. Community groups may provide local services like handing out food to the elderly or running sports clubs for children.
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Anti-globalists
Groups that are critical of the current capitalist globalised system
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Other cards in this set
Card 2
Front
The spread of economic, cultural and social ideas across the world
Back
Globalisation
Card 3
Front
The act of operating locally in terms of employees, product, supply of raw materials, etc.
Back
Card 4
Front
These are people that are all firmly in favour of a free market system with no or very little government intervention. These groups often blame economic problems on too much intervention
Back
Card 5
Front
They accept the existence of the current globalised system, but would like it altered in some way. This maybe greater government regulation, more stringent environmental controls or greater local production
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