3.1 Process Of Globalisation Flashcards

1
Q

Define globalisation

A

The widening and deepening of global connections, interdependence and flows due to advancements in technology and transport

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2
Q

5 main flows of globalisation - what is capital

A
  • money
  • flows daily through global stock markets
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3
Q

5 main flows of globalisation - what are commodities

A
  • things that are sold
  • eg value raw goods or manufactured goods
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4
Q

5 main flows of globalisation - what is information

A
  • real time communication between distant places
  • it is stored in server farms
  • eg e-commerce and the internet
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5
Q

5 main flows of globalisation - what is migration

A
  • permanent movement of people
  • most restricted global flow
  • due to border control and immigration laws
  • Brain drain vs brain gain
  • remittances
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6
Q

5 main flows of globalisation - what is tourism

A
  • quicker and cheaper due to improvement in air travel and budget airlines
  • emerging nations are the biggest spenders on international travel due to more disposable income
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7
Q

How did transport develop in the 19th and 20th century - steam power

A

steam ships and trains moved goods and armies along trade routes

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8
Q

How did transport develop in the 19th and 20th century - railways

A
  • expanded in the Industrial Revolution but speed was limited
  • still hugely important for transport of goods add people
  • eg HS2
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9
Q

How did transport develop in the 19th and 20th century - jet aircraft

A

intercontinental travel made easier with budget airlines in the 1960s

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10
Q

How did transport develop in the 19th and 20th century - container ships

A
  • containerisation increases speed at a lower cost
  • backbone of global economy since 1950s
  • leads to spatial division of labour due to TNCs being based in emerging countries and selling goods in developed ones
  • 13% of world trade passes through the Suez Canal
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11
Q

What is the shrinking world effect

A
  • places take less time to reach due to developments in technology
  • far away places feel closer
  • 6 degrees of separation means that any person can reach any other person in six or less people
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12
Q

How did transport develop in the 21st century - telephone and telegraph

A

Communicate over long distances in real time rather the waiting weeks

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13
Q

How did transport develop in the 21st century - broadband and fibre optics

A

Large amounts of data are carried across the ocean floor by fibre optic cables
- reduces cost of communication
- mostly owned by TNCs or governments
- eg Google own 9%

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14
Q

How did transport develop in the 21st century - GIS and GPS

A

Satellites broadcast position and time data continuously all over the world

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15
Q

How did transport develop in the 21st century - internet and social networking

A
  • Connects people and place across the world in real time
  • speeds up business between countries
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16
Q

How did transport develop in the 21st century - mobile phones and electronic banking

A
  • more efficient connections
  • allows money transfer between users
  • 1/3 of Kenya’s GDP passes through app M-Pesa annually