3.1

Question 1

Globalisation

Answer 1

Describes a variety of ways in which places and people are now more connected with on another than they used to be

Question 2

How globalisation was achieved in the past

Answer 2

Trade - especially after 1492 when Columbus reached the Americas and traditional world economy began taking shape

Question 3

Economic Globalisation

Answer 3

Growth of TNCs accelerates cross-border exchanges of raw materials, components, finished manufactured goods, shares, portfolio investment and purchasing

ICT supports the growth of complex spatial divisions of labour for firms and more international economy

Online purchasing using Amazon on a smartphone

Question 4

Social Globalisation

Answer 4

International immigration created extensive family networks cross national borders - world city-societies become multi-ethnic and pluralistic

Global improvements in education and health seen over time, rising world life expectancy and literacy levels

Social interconnectivity grown over time due to universal connections such as e-mail

Question 5

Political Globalisation

Answer 5

Growth of trading blocs (e.g EU, NAFTA) allows TNCs to merge and make acquisitions of firms in neighbouring countries, while reducing trade restrictions and tariffs help markets grow

Global concerns such as free trade, credit crunch and global response to natural disasters (e.g 2011 Jap tsunami)

WB, IMF and WTO work internationally to harmonise national economies

Question 6

Cultural Globalisation

Answer 6

Western cultural traits dominate in some territories e.g. Americanisation or McDonaldisation of tastes and fashion

Circulation of ideas and info accelerated thanks to 24hr reporting; people keeping touch using virtual spaces such as Facebook

Question 7

Impacts of globalisation on finance

Answer 7

Cheaper labour in developing economies help supply consumers in wealthier nations with good

Question 8

Impacts of globalisation on political (ideology)

Answer 8

Some TNCs, like News Corp, seek to influence how people think. News Corp owns Sky TV and the-Sun

Many trade barriers have been reduced or removed to liberalise world trade

Question 9

Impacts of globalisation on communication and info

Answer 9

Lower transport costs allow increasing long-distance tourism

Question 10

Globalisation transport development

Answer 10

Allowed for increase in globalism

Container ships & E-tailing

Question 11

Container ships pros size

Answer 11

Keep getting bigger. Largest at the moment in April 2020 is the HMM Algeciras. Capacity of 23,964 TEU

In 1990, capacity was 4000 containers

Question 12

TEU

Answer 12

Twenty-foot

Question 13

Container ships pros fuel

Answer 13

News ships used 20% less fuel per container than one carrying 10,000 containers

Question 14

Container ships cons labour

Answer 14

Outsourcing production to asia, exploits cheaper asian labour cost CHINA ZONES

Question 15

E-tailing pros delivery

Answer 15

Quick deliery times 109 warehouses around the world

Question 16

E-tailing pros global markets

Answer 16

Offers manufacturing companies, sellers, writer and musicians access to a global market for their sale through warehouses

Question 17

E-tailing cons throwing away

Answer 17

Over 30% of purchases will be thrown away within a year, doesnt include packaging