QUESTION 1 Explain what is meant by "globalisation". Is it really a myth? Globalization is the free movement of capital, goods, services and labour around the world, by big commercial companies, which have massive control of the world's economy, transcending the boundaries of state and country. This transcendence across countries results in the shrinking of the economy and results on it depending on larger companies with a controlling interest in most of the capital within it. …showed first 75 words of 375 total…

…showed last 75 words of 375 total…a consequence to the dilution of cultures, Environmentally problems are increasingly becoming global problems. Therefore, countries are no longer able to look at environmental issues in isolation. This has been dramatically illustrated for example by the nuclear disaster at Chernobyl, the depletion of the ozone layer and acid rain over Scandinavia. Countries now need to act collectively for there to be any chance of reversing or just slowing the damage being caused to the environment.