EXAMS WITH VERIFIED QUESTIONS AND
ANSWERS
How are flows of products making the world more interconnected?
- ANSWERS-Flows of products are making the world more connected, e.g. many of the
manufactured products bought in the UK have been produced in other countries and then
imported.
How do increasing flows of information make the world more interconnected?
- ANSWERS-- increasing flows of information make the world more interconnected, e.g. people
can learn a lot about different countries and cultures without leaving their own country.
How do increasing the flows of capital make the world more interconnected?
- ANSWERS--increasing flows of capital are making the world more interconnected, e.g. most
countries' economies are now dependant on flows of investment to and from other countries
How does an increase in technology contribute to better flows of information?
- ANSWERS-- the development and rapid spread of email, the internet and social media mean
that large amounts of information can be exchanged instantly across the globe.
- this allows people living in different countries to communicate and work together.
How does globalisation occur?
- ANSWERS-It is caused by the movement of information, capital, products, services and labour
between different countries. Globalisation started to accelerate in the 1980s.
SPEC POINT
Dimensions of globalisation: flows of capital, labour, products, services and information; global
marketing; patterns of production, distribution and consumption.
- ANSWERS-
What are flows of capital?
- ANSWERS-- capital is money that is invested- it is spent on something to produce an income or
increased profit from it.
-historically, capital was mostly invested within a country, e.g. companies would expand by doing
things like building new factories or setting up new branches within their country of origin.