Economic impacts of globalisation
I can assess how FDI and TNCs have affected the UK.
Economic impacts of globalisation
I can assess how FDI and TNCs have affected the UK.
These resources will be removed by end of Summer Term 2025.
Lesson details
Key learning points
- Globalisation has increased foreign direct investment in the UK.
- Free-trade policies have increased foreign direct investment in the UK.
- Privatisation has increased foreign direct investment in the UK.
- TNCs play a significant role in the UK economy.
Keywords
FDI - foreign direct investment. Investment in a business that operates in another country
TNC - transnational corporation. A company that operates in more than one country
Globalisation - an increased connectedness between different countries that spreads money, ideas, goods and people
Free trade - trade between countries or economic regions where no tariffs (tax) exist on imported or exported goods
Privatisation - the takeover of state-run industries by private corporations
Common misconception
The UK should be cautious of FDI and TNCs.
FDI and TNCs are crucial aspects of international business. Without FDI many businesses would not be able to operate.
To help you plan your year 10 geography lesson on: Economic impacts of globalisation, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your year 10 geography lesson on: Economic impacts of globalisation, download all teaching resources for free and adapt to suit your pupils' needs.
The starter quiz will activate and check your pupils' prior knowledge, with versions available both with and without answers in PDF format.
We use learning cycles to break down learning into key concepts or ideas linked to the learning outcome. Each learning cycle features explanations with checks for understanding and practice tasks with feedback. All of this is found in our slide decks, ready for you to download and edit. The practice tasks are also available as printable worksheets and some lessons have additional materials with extra material you might need for teaching the lesson.
The assessment exit quiz will test your pupils' understanding of the key learning points.
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