globalisation (1 Viewer)

[user18181818]

how would u guys set out this q (write a sample response if ur bothered pls)
Over recent years, Australia has been significantly impacted by forces of globalisation. Explain how globalisation has impacted on Australia’s economy (4 marks).

 

[jeetee3499]

if this is sounds wrong i take no responsibility <3, but yeah this is how I might go abt it. Obv like how much u decide to write for each point is dependent on how many lines given anyway.

- define globalisation
- trade of g/s - talk abt commodities -> reliant on X for income?/ reliant on ec growth of other countries
- financial flows - aud floated 1983, direct investment + portfolio business -> basically just say how foreign investment into AUS allowed establishment of more firms idk
- technology -> globalisation has allowed for the easier spread of technology. Therefore, adoption of new technology allows aus ec to become more efficient in production

 

[user18181818]

cheers guys