Flashcards
Globalisation
Flashcards do conjunto (3)
- 1What is globalisation?Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange.
- 2Advantages of Globalisation-Resources of different countries are used for producing goods and services
-Consumers get a wider variety of products
-Companies get access to much wider markets hence can really improve their profit - 3Disadvantages of Globalisation-Developed countries can stifle development of undeveloped and underdeveloped countries because they are much wealthier with better infrastructure
-It can increase spread & communicable diseases
-May consequensly cause job losses
Informações
- Descrição
- 12 Business FlashCards sobre Globalisation, criado por rnoakes em 21-03-2014.
- Criado por
- rnoakes
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