The world is shrinking
A: The increasing connection of people, places, and economies around the world.
Globilisation
A: The gap between people who have internet access and those who don’t.
What is the digital divide
A: Transnational Corporation.
What does TNC mean
A: Gross Domestic Product.
What's GDP
A: Global music, food, or fashion becoming more widespread.A: Global music, food, or fashion becoming more widespread.
Cultural effect of globalisation
A: Poverty, poor infrastructure, or remote location.
Why people don't have internet
A: BHP or CSL.
An Aussie TNC
A: More trade usually increases a country’s GDP.
Link between trade and gdp
A: Economic and cultural (or technological/environmental).
Q: Name 2 features of globalisation.
A: Less access to education and job opportunities.
Name two effects of digital exclusion
A: They open offices/factories in many countries.
How do TNCs make jobs
A: It brings in income and creates jobs.
Q: Why does trade boost economies?
A: Benefit: Jobs created. Negative: Environmental damage.
Q: Give one benefit and one negative of globalisation.
Africa
Which country has the least internet
A: Local businesses may be unable to compete.
TNC's bad
A: Wealthier, industrialised countries.
Q: What type of countries usually benefit more from trade?
A: Richer countries often gain more, while poorer countries are exploited.
Q: How can globalisation create inequality?
A: It limits access to online jobs and training.
How does digital divide limit opportunity
A: Control supply chains and influence prices.
Two ways TNC shape trade
A: A bar or line graph showing both rising together.
Q: Use a graph to show a pattern between trade and GDP.