Flows Of Information Flashcards
1
Q
What are they governed by ?
A
Movement of people through migration/ speed of data / communication transfers.
2
Q
Digitisation and technology have improved what …
A
Telephone networks - communication cheaper / easier.
Telecommunication.
Email - communication / information
Live media coverage due to satellites.
3
Q
What has the flows of information contributed to ???
A
Knowledge intensive
goods and services.
R&D using highly skilled labour.
4
Q
Define economies of scale
A
Cost advantage that results from lager size output or scale of an operation as saving made by spreading costs.
