Globalisation Flashcards

(8 cards)

1
Q

Why are clothes made abroad? (3)

A
  • Wages and cost of living is much lower in Asia.
  • Shipping is low enough to rationalise population.
  • European designs are reputable.
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2
Q

What are the 3 big factors of globalisation?

A
  • Global telecommunications.
  • Container shipping.
  • International flights.
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3
Q

What is container shipping?

A

A form of bulk transport allowing companies to move large quantities of products across the world in 20 or 40 foot containers.

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4
Q

What do international flights do?

A

Allows business people to travel around the world for cheap production to places like East Asia from Europe or America. Cheap planes also allow tourists to travel to many different countries and learn about culture.

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5
Q

What is globalisation?

A

The increasing of interdependence of countries through global trade.

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6
Q

What are transnational corporations?

A

Companies that have operations in multiple countries.

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7
Q

What is the production cycle? (6)

A

1) Raw materials.
2) Component parts.
3) Final Product.
4) Product distribution.
5) Market research.
6) Clothing is designed and tested.

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8
Q

What does PQE stand for?

A

Pattern Quantify Exception.

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