Thursday, 2 October 2014

Globalisation and Migration

I think globalisation is the world wide trade and use of products and how the world works in unison, for example you can eat a meal which is from Germany whilst playing on your Chinese made iPad.

The appearance of large TNCs with diverse business interests literally spread across the globe.
The growth of regional economic or trading blocs, such as the European Union (EU) and the North American Free Trade Agreement (NAFTA). By encouraging free trade between member countries, the barrie effects of national boundaries are broken down. In short, there is much more global trade.
The development of modern transport networks (air, land and sea) capable of moving people, commodities quickly and relatively cheaply. Due mainly to the aircraft, physical distanced worldwide are much less important. We live in a 'shrinking world'
Advances in information technology and communication technology mean that important data and decisions can be whizzed around the globe in a matter of seconds. A TNC with its headquarters in London or another major city can closely monitor market trends around the world. It can easily check up on what is happening in its branch offices and factories scattered around the globe. Decisions can be quickly transmitted.

Due to these points the world has come to be known as the global village, we see this in the




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