Factors Contributing to Increased Globalisation

Which of the following is a factor contributing to increased globalisation?

• Technological advancements

• Decreased trade barriers

• Cultural exchange

• All of the above

Match the following factors with their impact on globalisation:

• Cultural exchange

• Greater understanding among nations

• Decreased trade barriers

• Faster communication

• Technological advancements

• Increased market access

What is the primary function of a business?

• To provide goods and services

• To create art

• To explore space

• To conduct scientific research

Match the following companies with their respective industries: 1) Apple - 2) McDonald's - 3) Ford -

• McDonald's

• Automotive

• Apple

• Technology

• Ford

• Fast Food

A business that focuses on providing fast food is known as a (a)   .

• Technology company

• Fast food chain

• Automotive manufacturer

• Scientific research firm

Which of the following is a factor contributing to global economic changes?

• Reduction of international trade barriers

• Increased local investment

• Decreased significance of transnational companies

• Isolation of economies

Match the following factors with their descriptions:

• Increased investment flows

• Movement of people within and between economies

• Migration

• Expansion of workforce across the world.

• Growth of the global labour force

• Foreign Direct Investment (FDI)

The (a)   of global (transnational) companies is a factor in global economic changes.

• Decrease

• Increased significance

• Local focus

• Nationalization

Which of these factors have not influenced globalization?

• Communication systems

• Fishing

• Television

• Internet

• Smartphones

Match the following factors with their influence on globalization:

• Connects people worldwide

• Television

• Supports local economies

• Fishing

• Influences cultural exchange

• Smartphones

• Enables information sharing

• Communication systems

• Facilitates global interaction

• Internet