EQ1: What are the causes of globalisation and why has it accelerated in recent decades? Flashcards
What is globalisation?
A process by which national and regional economies, societies, and cultures have become integrated through the global network of trade, communication, immigration and transportation.
What is globalisation the process of?
Increasing connectivity between people and places and environments across the planet.
Globalisation involves…
widening and deepening global connections, interdependence and flows (commodities, capital, information, migrants and tourists)
What is economic globalisation?
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
What is cultural globalisation?
Unifying and diversifying; people using increasingly similar: food, clothes, music, values - many of which are ‘western’ in origin (from North America and Europe)
What is social globalisation?
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.
What is political globalisation?
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.
What is demographic globalisation?
Increasing migration and tourism makes populations more fluid and mixed.
What is environmental globalisation?
Refers to the holistic approach to environmental problems and issues. The realisation that global environmental threats require global solutions.
Examples of cultural globalisation:
- sports
- capitalism
- pop culture
- cuisines
- religion
- languages
Examples of environmental globalisation:
- Paris Agreement
- G7 Summit
- renewable energy resources
Examples of political globalisation:
- European Union
- NAFTA
- IMF
Examples of social globalisation:
- diversity in schools
* Brexit
Examples of economic globalisation:
- TNCs
* trade
What is interdependence?
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.