Globalisation

Globalisation is:

• the way people are able to keep ideas to themselves and as a result business increases.

• the way that people and places are interconnected with other people and places around the world.

Which of these factors have influenced globalisation?

• High taxes and investment restrictions.

• Communication, Transport, Politics & Popular culture & Economy.

• Poor standard of living and unemployment.

MNCs stands for

• Multinational Companies

• Many New Companies

• Multinational Contracts

• Multinational Countries

Which factor might attract a MNC to a developing country?

• Good tourist attractions

• Cost of labour is low

• High average monthly wage

Which of the following is not influenced by globalisation?

• Music

• Movies

• Trade

• Glaciation

Globalisation is about____

• Independence

• Interdependence

A positive impact of globalisation is increasing

• awareness of issues

• consumption of fossil fuels

A negative impact of globalisation is

• job creation in developing countries

• job loses in developed countries

Globalisation develops at an uneven rate because of the gap between developed and developing countries. Choose 3 reasons why this gap exists

• Unfair trade

• Colonisation

• Corruption

• Foundation of Fair Trade

Which of the following is not a global organisation (Choose 2 answers)

• UN-United Nations

• WTO- World Trade Organisation

• GCC- Glanmire Community College

• IFA- Irish Farmers Organisation