Catch up work (Y12 beg) Flashcards
flows
ways things are connected internationally e.g. remittances, food, migration, resources
Connections and flows - lenghthened
products and services are commonly sourced from distant places
Connections and flows- deepened
over time, sense of connectivity is felt in many aspects of everyday life e.g. imported food, T.V, social media
Connections and flows- grown faster
speed of connections means we can talk to anyone, nearly anywhere in real time, travel across world in a day
Shrinking world
the idea that the time taken to navigate (travel, technology, etc) the world is getting smaller
What has allowed a shrinking world
-better infrastructure for travel
-better technology
-satellite
-containerisation
-governments
Time space compression
set of processes that cause the relative distances between places (measured in terms of travel, time or cost) to decrease making such places grow closer
Types of transport
Maritime, road, rail, air
what are containers known as
intermodal containers as they move between modes of transfer
how has containerisation accelerated globalisation
-cut international transport unit costs from 30% to 1%, allowing TNC’s to outsource production and have global supply chains
what is technology and example of
how theres been and will be change in global brands, consumer habits and patterns of employment
E business
reshaping business organisations and processes via computer networks
E commerce
The sale of goods via the internet
M-Pesa 2007
-allows credit to be transferred in Kenya
-20m subscribers
-pay bills, school fees, check market prices, microloans
IGO
intergovernmental organisation, e.g. UN, world trade organisation, world bank
trade bloc
groups of countries that come together and form agreements to promote trade and economic cooperation among themselves, e.g. EU
how are IGO’s beneficial
-political influence
-provide forums for discussion
-allow multilateral co-operation
-sources info
-important for free trade survival/ FDI
GATT
general agreement on trade and tarrif- developing nations creating new organisations to try to gain more control
four main globalisation flows
-goods, commodities, people and data
what is MPesca scheme an example of
-an online banking system
-over 1/3rd of kenyas GDP is transferred via this
what has caused immigration to the UK and example
-increased ability to send remittances back
-220,000 immigrants in 2016
how many people has the quality of life of ASEAN affected
-600 million people
example of ICT and mobile communications increasing globalisation
-fibre optics
-social media
-broadband
-e-commerce
-online banking
