Globalisation. Topic 3. What does globalisation mean?. Definition. Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Why has globalisation occurred?.
Globalisationis the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange.
Make a list of 5-10 factors that have lead to globalisation.
a) Increased access to technology eg the internet
e.g. internet, phone
Low transport costs
Factors influencing ‘Globalisation’
Its easier to trade between
Lower wages in LEDC countries
Primary – people extract raw materials from the l____ or s__ e.g. f______, mining, f_____
Secondary – involves m_________ where raw materials are converted to a finished product e.g. textile and car p_________
Tertiary – provide a s______e.g. distribution, retailing, financial services, nursing, t_______
Quaternary – provide information and expert help e.g. Creative/knowledge based industries, ____ based
Clark and Fisher believed that countries employment structures changed in three stages due to the development of their economies.
In stage one (Pre-industrial times) countries had high\low percentage of people in primary/secondary/tertiary industry and a low percentage in in primary/secondary/tertiary industry. This meant countries were poor because ……..
In stage two (Industrial times); countries employment structure starts to change. Describe the changes. This means countries are beginning to earn more money because……
In stage three ……………..
Foreign Direct Investment
Lower transport costs
How have these key ideas helped to develop globalisation?
World trade organisation
International monetary fund
Define: a) growth b) merger c) consolidation
How does FDI link to TNCs?
What does outsourcing mean?
Why has BT outsourced to Bangalore? (5 reasons)
What is meant by the ‘new economy’ and ‘footloose industries’? (p199)
Using examples, explain how outsourcing can affect different countries different ways (6)
What are trade barriers?
How can they affect globalisation?
Who benefits the most/least from trade barriers?
What is the IMF?
Link to globalisation
Using examples, explain how organisations like the IMF and WTO can help the process of globalisation. (6)
Explain how Globalisation has led to greater trade between countries (4)
Using examples, explain how TNC’s operate in different parts of the world (6)
Brainstorm with 3 different diagrams
Using examples, describe how globalisation can impact on men and women in developed countries (6)
Using examples, explain why globalisation can lead to unequal impacts on men and women in developing countries (6)
Using examples, explain how outsourcing can affect different countries in different ways (6)