Chapter 8 Flashcards

1
Q

DRIVING FORCES OF TRANSPORTATION: Developments in transportation

A

D: Improvements in the size and speed of of different modes of transportation and the development of efficient and integrated transport infrasturcture such as airports, seaports and expressways

Ex: In Singapore, there are more than 100 airlines, about 7200 flights per week to over 100 countries. The Airbus A380 also has a capacity of 853 passengers.

A: With modes of transport carrying more people, more passengers can be transported. Goods ad people can be transported at a lower cost, facilitating the process through which people’s activities and ideas are interconnected.

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2
Q

DRIVING FORCES OF TRANSPORTATION: Growth of Multinational Corporations

A

D: Developing MNCs are businesses with economic activities in more than one country

Ex: Starbucks Coffee Company, has operations spanning over 65 countries. They are sourced from 27 countries from North and South America, Africa and Asia. It ships the beans to USA and India to be roasted before shipping its coffee to its 21000 outlets worldwide for consumption.

A: They enable economic interconnections between people and goods around the world, leading to interdependent relationships between parties involved in operating MNCs .

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3
Q

DRIVING FORCES OF TRANSPORTATION: Advances in technology

A

D: Enhancement of technology which allow for greater access to the internet and increasing use of mobile communication, facilitating communication and exchange of information across the world.

Ex: There are over 2.5 billion smartphone users around the world, and 1 in 2 online searches are made on mobile devices. With the new 4G and 5G network, people can connect through messaging and video calls anywhere anytime.

A: This increases convenience for peoplke to communicate with one another, as well as spreading of ideas and creations around the world. They also easily access vast amounts of information on the internet.

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