Globalisation.
‘The increased integration of economies’
5 characteristics:
Increase international movement of labour:
- When someone moves their work from the country of
their birth to another country.
- Big increase because of globalisation.
- More than 3% live outside the country of their birth.
Increased international movement of financial capital:
- Financial capital is money used for investment.
- Countries use their financial capital for FDI (taking
over another firm, in this case internationally)
- E.g: TATA paying the UK £1.7B to take over jaguar.
This is conglomerate integration as they are
different industries.
- Globalisation has led to a big increase in FDI.
‘The increased integration of economies’
5 characteristics:
Increase international movement of labour:
- When someone moves their work from the country of
their birth to another country.
- Big increase because of globalisation.
- More than 3% live outside the country of their birth.
Increased international movement of financial capital:
- Financial capital is money used for investment.
- Countries use their financial capital for FDI (taking
over another firm, in this case internationally)
- E.g: TATA paying the UK £1.7B to take over jaguar.
This is conglomerate integration as they are
different industries.
- Globalisation has led to a big increase in FDI.
