EQ1: What are the causes of globalisation and why has it accelerated in recent decades? Flashcards

1
Q

What is globalisation?

A

A process by which national and regional economies, societies, and cultures have become integrated through the global network of trade, communication, immigration and transportation.

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2
Q

What is globalisation the process of?

A

Increasing connectivity between people and places and environments across the planet.

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3
Q

Globalisation involves…

A

widening and deepening global connections, interdependence and flows (commodities, capital, information, migrants and tourists)

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4
Q

What is economic globalisation?

A

Involves the growth of TNCs, which have a global brand image and presence; the spreading of investment around the world; rapid growth in world trade

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5
Q

What is cultural globalisation?

A

Unifying and diversifying; people using increasingly similar: food, clothes, music, values - many of which are ‘western’ in origin (from North America and Europe)

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6
Q

What is social globalisation?

A

Refers to how population structures have changed as a result of shifting population characteristics e.g migration, immigration and emigration. Global improvements in education and health have also accelerated this.

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7
Q

What is political globalisation?

A

Takes the form of the dominance of western democracies in political and economic decision making; spreads the view that democratic, consumerist societies are the most ‘successful’.

The growth of trading blocs, free trade agreements and global organisations.

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8
Q

What is demographic globalisation?

A

Increasing migration and tourism makes populations more fluid and mixed​.

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9
Q

What is environmental globalisation?

A

Refers to the holistic approach to environmental problems and issues. The realisation that global environmental threats require global solutions.

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10
Q

Examples of cultural globalisation:

A
  • sports
  • capitalism
  • pop culture
  • cuisines
  • religion
  • languages
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11
Q

Examples of environmental globalisation:

A
  • Paris Agreement
  • G7 Summit
  • renewable energy resources
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12
Q

Examples of political globalisation:

A
  • European Union
  • NAFTA
  • IMF
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13
Q

Examples of social globalisation:

A
  • diversity in schools

* Brexit

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14
Q

Examples of economic globalisation:

A
  • TNCs

* trade

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15
Q

What is interdependence?

A

The success of one place depends on the success of other places. Economic problems in one country can quickly spread to its trading partner and quickly affect people in distant places.

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16
Q

What happened as a result of staff in the Honda factory in Swindon working two days a week following a Japanese tsunami?

A

The German DAX (stock market) lost 1.2% within minutes after the tsunami.

17
Q

What are global flows?

A

The connections between places.

Global flows are creating new degrees of connectedness among economies.

18
Q

What are the 3 aspects of globalisation?

A

Connections are LENGTHENING, DEEPENING, FASTER

19
Q

What are examples of flows?

A
  • goods: the products and commodities we all buy in shops, many which are grown in other places
  • capital: flows of money between people, banks, businesses and governments
  • information: such as data transferred between people and business
  • people: flows of migrants and tourists
  • services
  • culture
  • technology
20
Q

What happened during decolonisation in the 1950s, 1960s and 1970s?

A

Many newly Independent countries reacted against the perceived exploitative nature of the international trade system by seeking self sufficiency through import substitution.

21
Q

Define hybridisation.

A

The process by which a cultural element e.g food, language or music blend into another culture by modifying elements to fit cultural norms.

22
Q

What has the speed and ease of moving around the world done?

A

Reduced the friction of distance between places as well as dramatically lowering the cost of trade.

23
Q

What did the 19th century see a development of?

A

The railway, telegraph and steam ship.

24
Q

What did the 20th century see a development of?

A

Jet aircraft and containerisation.

25
Q

Containers are inter-modal, what does this mean?

A

They can be transported by ship, lorry or train.

26
Q

How does the development of jet aircraft and containerisation increase globalisation?

A

Reduce transport costs per unit output, so products are affordable for customers in a distant market, setting up a new flow of goods/information.

27
Q

Harnessing new forms of energy allows larger loads to be transported, what do larger loads produce?

A

An economy of scale - a reduced cost per unit output.

28
Q

What is trade?

A

The exchanges of goods and services between people and companies, which is increasingly cross-border between countries rather than just within a country.

29
Q

How were railways developed?

A

Steam trains quickly replaced horse-drawn and canal transport.

30
Q

Why was the electric telegraph so useful?

A

It was the first long distance, instant communication technology

31
Q

What replaced sailing ships in the 19th century?

A

Steam ships. These increased speed and cargo capacity dramatically.

32
Q

What replaced steam ships?

A

Jet passenger aircraft, reducing travel time for passengers significantly. The Boeing 747 “jumbo jet” introduced in the 1960s lowered the cost of international air travel, bringing international tourism within the purchasing capabilities of the middle class.

33
Q

How many individual container movements take place every year?

A

Around 200 million.

34
Q

How has containerisation contributed to the acceleration of globalisation?

A

Shipping carries about 90% of international trade. Described as the “backbone” of the global economy since 1950s.

  • reduced transport costs for goods by dramatically lowering costs of ‘break bulk cargo’ (products that have to be loaded individually)
  • dramatically sped up goods trade and reduced costs, making consumer goods cheaper
  • ubiquitous, standardised metal/steel boxes quickly transferable from a ship to a lorry or railway
  • process is easily mechanised; containers are unloaded by crane, increasingly automatically. In the past, cargo was loaded manually in crates or stacks
  • reduced labour costs as fewer dockworkers required to unload loose commodities
  • fewer losses from theft
35
Q

What is the transport cost of moving an iPhone or television from China to UK?

A

Less than £1.

Container ships are very efficient, providing a direct pathway for goods to be shipped globally in large quantities.

36
Q

Due to containerisation, there are faster transport time of goods. Why is this beneficial?

A

Faster transport times increase the distance perishable products can be transported e.g cut flowers from Kenya,
opening bio more distant markets are reducing losses.

37
Q

How has improved aircraft/air travel contributed to the acceleration of globalisation?

A
  • made it possible to easily and comfortably fly to another country or state
  • most places are under a day away and many are less than 4 hours flight
  • created a huge increase in the number of people visiting other countries to see family, conduct business and take holidays
  • reduction in air travel costs made it increasingly affordable for the consumer
  • makes trade more efficient
38
Q

How many containers can a modern container ship transport?

A

Over 10,000 containers.

39
Q

What is the shrinking world concept?

A

The perception that places feel nearer than in the past.

Suggests the rapid rate of globalisation and increased knowledge of distant places has made the world feel smaller and more connected.