Flows of Information Flashcards
How does information travel around the world?
Migration of people.
Speed of data transfers.
Communication transfers.
What information is transferred around different counties around the world?
Cultural ideas.
Languages.
Industrial technology.
Business management support.
What has digitisaltisation and satellite technology improved?
Global telephone networks - making communication cheaper/easier.
Email and internet.
Live media coverage due to satellites.
Mobile telecommunication technology.
Why is the flows of information important?
Due to its contribution in knowledge-intensive goods and services such as high tech products, computer technology and engineers.
What are knowledge-intensive goods and services.
Goods and services which have an intensive research and development component. Usually highly skilled and educated.
eg accounting and engineering.
They need the flows of information and ideas to flourish.