3.1 Globalisation is a long-standing process which has accelerated because of rapid developments in transport, communications and businesses Flashcards

1
Q

some key aspects of globalisation that involve expansion and intenisfication of global connections, interdependence, and various flows

A

flows of commodities across borders

flow of capital across countries

flow of information on a global scale

movement of migrants across different regions

growth of international tourism

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2
Q

what were the developments in transport and trade in the 19th century that accelerated in the 20th century contributing to a ‘shrinking world?’

A

introduction of railways in the 19th century

introduction of telegraph communication in the 19th century

emergence of steam ships in the 19th century

advancements in jet aircraft technology in the 20th century

implementation of containerisation in the 20th century

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3
Q

What are some key developments in ICT and global communication that have dominated the 21st century, contributing to time-space compression?

A

rapid development of mobile phones

expansion of the internet

rise of social networking platform

advancements in electronic banking

implementation of fibre optic technology

lowering of communication costs

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