Globalisation Glossary 5.0 / 5 based on 1 rating ? GeographyGlobalisationA2/A-levelEdexcel Created by: iconicshrobCreated on: 08-04-22 17:05 59836104217 Across 1. a belief in the free flows of people, capital, finance and resources. Under neo-liberalism, State interventions in the economy are minimized, while the obligations of the State to provide for the welfare of its citizens are diminished (3, 9) 6. money or assets (7) 7. a belief in a market economy, where people are free to set up businesses and keep their profits (subject to taxes), and where supply and demand determine the prices of goods and services. the real ones hate it :) (10) 8. a race by companies to deliver ever-cheaper goods (4, 2, 3, 6) 9. organisations which comprise of two or more countries working together. Examples include the EU and the UN (3) 10. a global organisation whose primary role is to maintain international financial stability (3) Down 2. a measure of development which takes into account life expectancy, education and GDP for every country and converts them into a value between 0 and 1 (3) 3. when a company re-styles its products to suit local tastes (13) 4. a fixed level indicating the maximum amount of imported goods or persons which a state will allow in (5) 5. raw materials (11)
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