Economy, Technology, Culture - Globalization / Abitur Englisch

alina.ecke
Flashcards by alina.ecke, updated more than 1 year ago
alina.ecke
Created by alina.ecke over 5 years ago
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Flash cards to expand the topic of Globalization and it economical, technological and cultural challenges, Abitur Subject English

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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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