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Globalization of Economic Activity

AS / A2 / IB Geography (16-18 yrs) AS / A2 / IB Geography (16-18 yrs) Key Terms Key Terms Revise this Topic Revise this Topic Links to GCSE / IGCSE Geography Links to GCSE / IGCSE Geography
 
Globalization of Economic Activity
 
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Integration of world economic activity Understand that world economic activity is increasingly integrated because of growing international trade, the growth of transnational corporations (TNCs), international economic agreements, trading blocs and global movements of capital. Be familiar with the evidence of the growth of each of these global
economic integration factors.
The role of global transport Understand how changes in transport (air, sea, land) in recent decades have resulted in reduced travel times and cheaper costs, and consequently a growth in travel.
 

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