the buying, selling or exchanging of things between people, companies and countries

goods and services brought in from another country

goods and services sold to another country

money that is paid to the government to pay for things like schools and healthcare

The importance of trade

Geography

This unit introduces pupils to the concept of globalisation and develops their understanding of how people and places are connected through economics and culture. Pupils will evaluate how the benefits and challenges brought by globalisation differs over global space.

Globalisation: Is the world shrinking?

{{}} means the buying, selling or exchanging of things between people, companies and countries.

Global trade involves exporting goods and services from one country and {{}} them to other countries.

{{}} is the process of countries becoming more connected and interdependent.

A local farmer selling their vegetables only in their town.

A company in the USA buying smartphones made in China.

A school organising a book swap within the local area.

Which of the following is an example of global trade?

There are job opportunities in different countries that people can migrate for.

Countries become more isolated from each other.

Which of these is a positive effect of globalisation?

Which of the following is an example of a product that might be traded internationally?

It helps people stay more connected with each other.

It stops people from interacting with other countries.

It limits the spread of ideas and information.

How has the internet affected globalisation?

It can lead to the mixing of cultures and the sharing of ideas.

It causes local cultures to disappear completely.

How can globalisation affect local cultures?

Exit Quiz