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Define globalisation and give an example of a country which has been affected by this process

Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services. The biggest companies are no longer national firms but multinational corporations with subsidiaries in many countries.An example of a country which has been affected by this process is the USA. Many US firms have outsourced their work to countries which can produce and manufacture goods at a far cheaper and quicker rate. This has led to job losses in the US in sectors such as car manufacturing.