Globalisation –
what is a
definition?
Three features
of globalisation
Is globalisation a
recent
phenomena?
Evidence that
world trade is
important –
What percent of UK’s food comes from
abroad?
What was the recent value of UK exports?
How many UK citizens are working
abroad?
Cause 1 –
Improvements in
communication
Explanation
Problems / Issues
Cost of communicating has?
Has communication
improved for everyone?
See Data sheet 1
Data sheet 2
Do all age groups use the
latest technology?
What is videoconferencing?
What about time zones?
How can businesses use the
internet to do business
abroad?
Cause 2 –
Improvements in
Transport
Examples of new technology How does the rising price
in transportation in the 20th
of fuel for transportation
century?
affect transport?
How do economies of scale
relate to transportation?
Example container ships,
See Video
Cause 3 -Reduction
in barriers /
obstacles to world
trade
Cause 4 – Rise of
MNC’s –
multinational
companies. Also
known as TNC;s
Transnational
companies
51 of the largest
economies in the
world are
corporations. The
top 500 TNCs
account for nearly
705 of world trade.
What is the WTO?
Is the WTO always
successful?
What does it try to do?
Is there free world trade
in agricultural products?
. Find an example of one
Do TNC’s just have a
beneficial effect? Find
three problems linked to
MNC’s
large international business
– find 2 pieces of data to
show how it operates in
more than one country
Cause 5 – Opening
up of previously
closed markets
Which countries used to be
communist before 1988 and
are now part of the
European Union?
These countries tend to
have lower costs of
production than the UK.
How could this
development have
affected UK businesses?
Find some data to show the
rise of China as a global
economy.
Cause 6 – Increasing
capital mobility
It is now easier for money to
move between countries.
What is FDI?
How important is FDI to the
UK economy. Find a recent
figure
What happens if large
amounts of capital money
leaves the UK and is
invested abroad rather
then here?
Advantages (Good effects) of Globalisation
1
2
3
4
Disadvantages (Bad effects) of Globalisation
1
2
3
4