Factors Which Promote Globalisation Flashcards Preview

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Flashcards in Factors Which Promote Globalisation Deck (5)
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1

FOC - what is invested money spent on?

Something to produce an income / increased profit

2

FOC - foreign direct investment increased why?

More connections and improvements in online banking

3

FOP - manufacturing developed to where?

NEE’s and LIC’s due to cheaper labour - international trade in manufactured goods increasing as result

4

FOL ?
(Workforce etc)

-movement of workforce
-international migration
-high skilled workers move to developed countries
-cultural exchange
-remittances sent home

5

FOI - financial and current events?

Can spread easily and quickly