Globalisation- 10 important facts

• Branded clothing is often made in poor countries LEDC’s

• People who make the products are paid very little

• A pair of jeans may have parts from many countries

• Nike has factories in many different countries

• Globalisation effects what we eat and what clothes we wear

• Some TNC’s revenue is greater than the GDP of certain countries

• Most of the world’s largest TNC’s are based in America

• The largest TNC’s include Exxon, Ford, Coca-Cola and Microsoft.

• The main aim of TNC’s is to make a profit.

• Globalisation means the way companies, ideas and lifestyles are spreading around the world.