Developments in globalisation Flashcards
What is globalisation?
Globalisation involves the widening and deepening of global connections, interdependence and flows.
What are 5 flows of globalisation?
Commodities Capital Information Migrants Tourists
How did transport and trade accelerate in the 19th century?
Railways
Telegraph
Steam-ships
How did transport and trade accelerate in the 20th century?
Jet aircraft
Containerisation
When was the first steam train built?
1804
When was containerisation invented?
1956
When was the jet engine developed?
1928
How long did it take to reach Australia in 1914?
40 days
How long did it take to reach Australia in 2016?
1.5 days
What percentage does container trade account for of world seaborne trade?
60%
How fast can a jet aircraft travel?
600mph
What are 5 developments of ICT and global communication?
Mobile phones Internet Social networking Electronic banking Fibre optics
When was the first commercial telegraph created?
1837
When did electronic banking begin?
1980s
When was the first mobile phone made?
1973