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1. How have individual governments contributed
to the spread of globalisation into new
regions?
2. If you were in charge of a country and
wanted to attract businesses what
could you do?
3. 1. What are Government
Subsidies?
• A government can offer subsidies (business grants)
to different countries to entice business to come
and locate in that country. E.g. a not paying
business tax for a period of time (called Tax Breaks).
• The UK has successfully enticed a number of
foreign businesses to set up here through different
government subsidies.
• See p154-5 in Lizard book
4.
5.
6. Prince Charles (left) addressing Morita (right)
and Sony employees and at the inauguration of
the Bridgend plant in Wales (December 1974)
7. 2. What is a Special Economic
Zone (SEZ)?
• Watch this video first to see what a SEZ is all about.
• A Special Economic Zone is an area set up by a
government to reduce tax on any imported
machinery to a new factory. The tax laws are lighter
in these areas to encourage large companies to set
up businesses there.
9. • Read the article on China from both p182 and from
Showbie to
• Design a poster to show how Chinas Government
has encouraged globalisation.
10. China’s ‘Open Door’ policy
• Read the article on China from p155 Lizard, p182
Iceberg and the article on Showbie.
• Design a poster to show how both the UK and the
Chinese Government has encouraged globalisation
• Key words include;
• FDI
• Subsidies
• Grants
• Open Door Policy
• EPZ’s