3.1 Globalisation is a long-standing process which has accelerated because of rapid developments in transport, communications and businesses Flashcards
some key aspects of globalisation that involve expansion and intenisfication of global connections, interdependence, and various flows
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
what were the developments in transport and trade in the 19th century that accelerated in the 20th century contributing to a ‘shrinking world?’
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
What are some key developments in ICT and global communication that have dominated the 21st century, contributing to time-space compression?
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