Please enable JavaScript.
Coggle requires JavaScript to display documents.
Globalisation - Coggle Diagram
Globalisation
-
-
Multinational
-
Disadvantages
severely impact local industries because they increase competition in the economy. They can cause both small and large British businesses to go out of the business, leading to increased unemployment.
-
negative environmental impacts, such as pollution, noise, congestion and destruction of the environment.
-
-
-
-
Process that enables product, financial and investment markets to operate across the globe.
-
Nature of globalisation
The emergence of Middle Income Countries (MIC’s) has lead to significant changes in the world economy and globalisation:
Countries such as Brazil, India and China have become significant global players in terms of all aspects of trade
The collapse of communism in Russia and other Eastern bloc states has opened up global markets significantly
-
-
-