Catch up work (Y12 beg)

Question 1

flows

Answer 1

ways things are connected internationally e.g. remittances, food, migration, resources

Question 2

Connections and flows - lenghthened

Answer 2

products and services are commonly sourced from distant places

Question 3

Connections and flows- deepened

Answer 3

over time, sense of connectivity is felt in many aspects of everyday life e.g. imported food, T.V, social media

Question 4

Connections and flows- grown faster

Answer 4

speed of connections means we can talk to anyone, nearly anywhere in real time, travel across world in a day

Question 5

Shrinking world

Answer 5

the idea that the time taken to navigate (travel, technology, etc) the world is getting smaller

Question 6

What has allowed a shrinking world

Answer 6

-better infrastructure for travel
-better technology
-satellite
-containerisation
-governments

Question 7

Time space compression

Answer 7

set of processes that cause the relative distances between places (measured in terms of travel, time or cost) to contract effectively, making such places grow closer

Question 8

Types of transport

Answer 8

Maritime, road, rail, air

Question 9

what are containers known as

Answer 9

intermodal containers as they move between modes of transfer

Question 10

how has containerisation accelerated globalisation

Answer 10

-cut international transport unit costs from 30% to 1%, allowing TNC’s to outsource production and have global supply chains

Question 11

what is technology and example of

Answer 11

how theres been and will be change in global brands, consumer habits and patterns of employment

Question 12

E business

Answer 12

reshaping business organisations and processes via computer networks

Question 13

E commerce

Answer 13

The sale of goods via the internet

Question 14

M-Pesa 2007

Answer 14

-allows credit to be transferred in Kenya
-20m subscribers
-pay bills, school fees, check market prices, microloans

Question 15

IGO

Answer 15

intergovernmental organisation, e.g. UN, world trade organisation, world bank

Question 16

trade bloc

Answer 16

groups of countries that come together and form agreements to promote trade and economic cooperation among themselves, e.g. EU

Question 17

how are IGO’s beneficial

Answer 17

-political influence
-provide forums for discussion
-allow multilateral co-operation
-sources info
-important for free trade survival/ FDI

Question 18

GATT

Answer 18

general agreement on trade and tarrif- developing nations creating new organisations to try to gain more control