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Globalization of Economic Activity |
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AS / A2 / IB Geography (16-18 yrs) |  |
Key Terms |  |
Revise this Topic |  |
Links to GCSE / IGCSE Geography |
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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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