CSMP10 Globalisation & time space compression

Question 1

What is Globalisation?

Answer 1

• The process by which the world is becoming increasingly interconnected as a result of increased integration and interdependence of the global economy.

Question 2

What is Time-space compression?

Answer 2

• Also called the shrinking world effect, this is the perception that places feel closer together than in the past due to increased travel or ease of communication

Question 3

What have been the key drivers of Globalisation?

Answer 3

• Technological Advancements (Social Media improvements, Faster modes of transport)
• More Migration
• Transnational corporations
• Increased trade

Question 4

What is containerisation?

Answer 4

• Containerisations is when containers are taken off the truck and put directly onto container ships

Question 5

Who devised containerisation?

Answer 5

• Malcom Mlclean in 1956