Factors Leading to Globalisation
The fall of communism (open new economies).
Faster communication and productivity (technology, internet).
Entrepreneurs who are more mobile and skilled.
Cheaper, faster and more available modes of transport.
Flow of money through the World Bank and the International Monetary Fund.
Growth and spread of transnational firms.
Shift to service economies and educating workers in new technologies (innovation, productivity).
More open trade agreements among nations.