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Description
Flashcards by alina.ecke, updated more than 1 year ago
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Created by alina.ecke
over 9 years ago
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| Question | Answer |
| Economy aspects, Challenges of Globalization - Abitur English | Economy aspects of globalization: *Activity of multinational companies (=global players) *increasing trade *direct investments *capital *produce wherever labour and overhead costs are the cheapest *sell throughout the global market *constant pressure to cut costs |
| Technology aspects, Challenges of Globalization - Abitur English | Technology aspects of globalization: *priorities: efficiency, speed, flexibility *profits - rapid advances in technology *microelectronics revolution *allows people to communicate more easily and efficiently (computer, mobile phones) |
| Cultural aspects, Challenges of Globalization - Abitur English | Cultural aspects of globalization: *information is spreading all over the globe *global distribution of multicultural influences: food, art, fashion, language, movies, sports *multicultural society *Americanization |
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