Definition of globalisation

Classified in Geography

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 The bringing together of economies and societies around the world, shows how people and countries around the world interact and interconnect, by trading and cultural exchange.

Improvements in transportation - larger cargo ships mean that the cost of transporting goods between countries has decreased (cheap transport)- in china 1% for transport.

Freedom of trade - organisations like the World Trade Organisation (WTO) promote free trade between countries.

Improvements of communications - the internet and mobile technology has allowed greater communication between people in different countries. Many adverts which encourage people to buy more things.

Cheap labour- It´s production lines are in developing countries where labour is cheap and costs are low.

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