1.2 Global Systems Flashcards
What is the global systems theory
Global Interconnectedness: All people, industries, and economies are part of a single, complex system, even in the most remote areas. Even farmers in distant regions are connected through activities like selling crops, receiving aid, or staying in touch with family members who have migrated.
Flows: Connections between people and places can be seen as “flows” of money, people, ideas, and goods. These flows can either maintain stability or disrupt balance, especially as new ideas and technologies spread and transform societies globally.
Political and Legal Frameworks: Global flows operate within a broad political and legal structure, where norms like free trade and property rights are widely accepted. Local economic activities are part of this larger system, which is also regulated by social norms and conventions, such as those upheld by the United Nations to promote human rights.
Interdependence: Global systems have led to greater interdependence between people, places, businesses, and countries. Most societies today rely on each other for prosperity and well-being, making deep interdependency more common than isolation or self-sufficiency.
Define interdependence
the concept where countries or regions rely on each other economically, politically, socially, and environmentally, meaning that the actions and situations in one place can significantly impact another, creating a network of mutual dependence between them; essentially, nations need each other to function effectively and are affected by decisions made in other parts of the world
An example of this is the GFC
What are the issues associated with interdependence
unequal flows of people, money, ideas and technology within global systems can sometimes act to promote stability, growth and development but can also cause inequalities, conflicts and injustices for people and places
unequal power relations enable some states to drive global systems to their own advantage and to directly influence geopolitical events, while others are only able to respond or resist in a more constrained way.
What are the 4 different dimensions of globalisation
Economic, social, political and cultural
As well as environmental
