3.1b - Post Colonial Rickshaws Flashcards
What is the main trade link in terms of transport for Kolkarta?
It has India’s oldest port which is their main river port
4 long distance train stations
Kolkarta is the only Indian city with which type of transport?
Trams
What is the main type of transport development?
Container shipping - vital for trade flows of manufactured goods e.g. China-UK
What type of TNC investment has taken place?
Investment in search for resources/markets/production sites/finance/news
What technology advancements have taken place?
Instantaneous connectivity achieves telegraph telephone and internet
How have aeroplanes allowed to achieve globalisation?
Have made it possible to travel the world quicker, they reduced travel time which has promoted global tourism and air-freight of perishable goods
What is the importance of railways?
They create opportunities for integration and commerce - can move people and goods around with ease
What has the advancement to computing and technology meant?
Internet cables - you gain access to accurate price information, you can shop around for the best deal
However, if everyone buys goods at lowest price, it could lead to instability within the supply chain
How has global governance had a role in advancements?
WTO - governs trade and resolves disputes, sets and enforces rules
IMF - helps establish international money cooperation / transactions in order to encourage high employment and temporary financial assistance to countries in debt