How has globalisation developed?Improvements in ICT (Information and communication Technology) & Transport have increased globalisation by increasing trade and investment.
How does the development of transport increase Globalisation? Improvements in Transport include; increase in airports, high speed trains & larger ships.
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The improvements of ICT & Transport have allowed the development of Call centres abroad & Localised Industrial regions:
Call Centres Abroad: For example: In 2004, Aviva moved 950 call centre jobs from the UK to India and Sri Lanka, as it costs 40% less than in the UK
Localised Industrial Regions: Example: motor sport companies have offices in Oxfordshire and Northamptonshire e.g. Renault Formula 1 team.
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