Identify the four flows involved in globalisation.

1- Goods, ideas, capital, technology
2- Ideas, capital, animals, technology
3- Goods, people, birds, technology
4- Capital, people, ideas, commodities

4

The correct answer is Option 4 - 4

1- Goods, ideas, capital, technology
2- Ideas, capital, animals, technology
3- Goods, people, birds, technology
4- Capital, people, ideas, commodities

Globalisation means the flows of ideas, capital, commodities and people across different parts of the world.

Globalization as a concept fundamentally deals with flows. These flows could be of various kinds — ideas moving from one part of the world to another, capital shunted between two or more places, commodities being traded across borders, and people moving in search of better livelihoods to different parts of the world. The crucial element is the ‘worldwide interconnectedness’ that is created and sustained as a consequence of these constant flows.