chapter 8 Flashcards
What is globalization?
Globalization is the process through which ideas and activities of people in different parts of the world become interconnected, leading to greater interdependence between global and local developments.
How do developments in transportation drive globalization?
Improvements in the size and speed of transportation, and the development of efficient, integrated infrastructure, facilitate the movement of goods and people across the world, increasing global interconnectedness.
How do Singapore’s seaports and airports contribute to globalization?
Singapore’s seaports and airports handle 6,700 flights per week and 140,000 vessels per year, enabling the movement of large volumes of people and goods, thereby linking Singapore to the global world.
How does the growth of MNCs drive globalization?
The growth of multinational corporations (MNCs) like Nestle, Unilever, and McDonald’s expands economic interconnections between local and international markets, fostering global interdependence.
How does Starbucks exemplify the role of MNCs in globalization?
Starbucks sources coffee beans from countries like Nigeria, creating employment opportunities locally and establishing bilateral supply and consumer relationships, thus increasing interconnectedness between countries.
How do advancements in technology contribute to globalization?
Advancements in technology, such as greater internet access and mobile communication, make it easier for people to connect and share ideas worldwide, leading to increased global interconnectedness.
How do communication technologies like video calls and social media promote globalization?
These technologies allow people to communicate across different parts of the world, spreading ideas and linking developments in multiple countries, which fosters a more interconnected global community.
How does international collaboration in science illustrate the impact of technology on globalization?
Scientists worldwide collaborate on projects, sharing ideas across borders, which forms interconnected relationships and contributes to globalization through the spread of knowledge and innovation.
