Economics - 4EC1 PearsonEdexcel

Globalisation

Akopọ

The phone in your pocket may have been designed in one country, built from components made in a dozen others, assembled in another, and sold to you by a company with offices on every continent. That is globalisation in action: national economies have become steadily more integrated and interdependent, connected by trade, capital, technology and the movement of people.

In this lesson you will examine why globalisation has accelerated, what multinational corporations do and why they expand abroad, and how the process affects countries, governments, producers, consumers, workers and the environment, not always in the same direction for everyone.

Awọn Afojusun

  1. Definition of globalisation: increased integration and interdependence of economies
  2. Reasons for globalisation: fewer tariffs and quotas, reduced cost of transport, reduced cost of communication, increased significance of multinational corporations (MNCs)
  3. Impacts of globalisation and global companies on individual countries, governments, producers and consumers, workers and the environment: rising living standards, greater choice, lower prices, reduced costs of communication, closing of traditional industries, environmental impact
  4. Definition of multinational corporations (MNCs): definition of foreign direct investment (FDI), reasons for emergence of MNCs/FDI (to benefit from economies of scale, to access natural resources/cheap materials, lower transport and communication costs, to access customers in different regions), advantages and disadvantages of MNCs/FDI (creating jobs, investing in infrastructure, developing skills, developing capital, contributing to taxes, avoiding paying taxes, environmental damage, moving profits abroad)

Akọ̀wé Ẹ̀kọ́

A generation ago, a car might have been designed, built and sold within one country. Today a single car can involve steel from one continent, electronics from another, assembly in a third and buyers all over the world. This growing integration and interdependence of national economies is called globalisation, and it shapes almost every decision a modern business makes about where to produce, where to sell and where to invest.

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

Ìdánwò Ẹ̀kọ́

Oriire fun ipari ẹkọ lori Globalisation. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.

Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.

Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.

  1. Which of the following best defines globalisation? A) The removal of all government spending B) The increased integration and interdependence of the world's economies C) A country's decision to leave a trading bloc D) A rise in a country's inflation rate Answer: B
  2. Which of the following is a reason for the growth of globalisation? A) Rising tariffs between countries B) Higher transport costs C) Reduced cost of communication D) Reduced significance of multinational corporations Answer: C
  3. Foreign direct investment occurs when: A) A government borrows from another government B) A firm invests in productive assets in another country C) A consumer buys an imported good D) A central bank changes the exchange rate Answer: B
  4. Which group is most likely to benefit directly from lower prices as a result of globalisation? A) Workers in an industry that closes due to import competition B) Consumers C) The environment D) A government losing tax revenue to profit shifting Answer: B
  5. 'Offshoring' refers to: A) Building a new domestic factory B) Moving part of a firm's production to another country to reduce costs C) A government reducing import tariffs D) A rise in a country's exchange rate Answer: B

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

Ṣe Adaṣe Awọn Ibeere Idanwo Adaṣe

Ṣe o fẹ ṣe adaṣe awọn ibeere idanwo adaṣe nipa Globalisation? Ṣe igbasilẹ ohun elo Green Bridge CBT lati wọle si awọn ibeere idanwo adaṣe ati awọn ayẹwo adaṣe kikun fun koko-ọrọ yii.

Ṣe igbasilẹ ohun elo naa lori Google Playstore

Gbogbo ohun ti o nilo lati ṣe dara julọ ninu JAMB, WAEC ati NECO.

Green Bridge CBT Mobile App
Asiko ẹkọ AI ti ara ẹni Chat Assistant
Ẹgbẹẹgbẹrun Awọn Ibeere Atijọ IGCSE, JAMB, WAEC & NECO
Fiwọn 1200 Awọn akọsilẹ Ẹkọ ju.
Atilẹyin Aisinipo - Kọ ẹkọ Nigbakugba, Nibi gbogbo
Tẹ̀dí Green Bridge
Àkójọpọ̀ Ìtàn Lítíréṣọ̀ & Ìbéèrè Tó Lè Dáyéé ṣẹ́lẹ̀
Tẹle iṣẹ ṣiṣe rẹ ati ilọsiwaju rẹ.
Àlàyé tí ó jinlẹ̀ fún ìmòye tó jinlẹ̀.