Thursday, June 04, 2009

Globalisation



In year 7 and 8 we are looking at Globalisation. Part of this has involved a look at Leicester's fashion trade and how in order to survive companies like JAK are having to source fabric from Bangladesh, design the garment and cut the fabric in Leicester then stitch the garment in countries like Latvia before selling the product in countries like Germany. It is all about reducing input and process costs (especially cheap workers) while selling the finished product where it will get the best price. All the transport involved may make sense moneywise but does it make environmental sense? For another example of the effects of globalisation take a look at this video on the banana trade.

If you are still confused by some of the terms we have been using then some of them are explained in this short video (yes I know its a bit outdated mentioning minidisks!)

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