1.1 London Flashcards

1
Q

What type of hub is london

A

Finance (LSE)
Migration (Heathrow)
Media Hub (BBC)
i-Hub (Silicon roundabout)

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2
Q

What does globalisation do to connections and why

A

Makes them wider - new links between places that are further distances apart
Makes them deeper - more people connect with far away places (cheaper travel, commodities)

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3
Q

What things flow in globalisation

A

People (migrants, tourists)
Goods/commodities
Capital (money)
Information (ideas, culture, music)

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4
Q

Means of flow in globalisation

A

Trains, planes, cars, cargo, container shipping, fibre optics , social media

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5
Q

Examples of cargo

A

World cargo centre

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6
Q

Example of of fibre optics

A

Use of submarine cables

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7
Q

Example of airline

A

British airways

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8
Q

5 main drivers of globalisation

A
Mobile phones
Internet
Social networking
Electronic banking
Fibre optics
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9
Q

What do businesses need to do in order to be successful

A

Know competition
Some regions are riskier than others
Adapt to digital market
Adapt to local market

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