Globalasition Logistics and Labour

Question 1

how long was transport from London to Edinburgh 1650s

Answer 1

14 days 2000s 60-90 minutes

Question 2

what does capitalism constantly need or a recession occurs
what do capitalists believe

Answer 2

constant growth
that time is money and wasted time is wasted money

Question 3

what is a consequence of these capitalist attitudes

Answer 3

sped up the production of goods and profits
amazon parcel arriving next day

Question 4

consequence of a interconnected global economy

Answer 4

each commodity has its own complex set of supply chains and geographies

Question 5

what does the third/ first world produce

Answer 5

primary commodities raw materials agriculture goods
prodcuing manufactured goods core fw
periphery sw

Question 6

what occurred in the 1960s

Answer 6

internationalaztion of world economies, multinational corporations begggining to set up branches in other countries

Question 7

what happened to the relocation of labour stat eu

Answer 7

labour-intensive manufacturing (e.g. garments, electronics) from Global North to cheaper labour areas in the Global South
1985 – 1995 the EU’s garments manufacturing industry declined by 40

Question 8

what countries joined the workforce and how much bigger did the economy get
what is it referred to

Answer 8

• China, India and post-communist East & Central Europe
  2.96 billion
• known as the great doubling

Question 9

what happened as these national companies opened headquarters in global N
IMPACTS ON HUMANS

Answer 9

• State wanted evolvement in global factories
• Typically included: less tax, de- or re-regulation offering state subsidies and incentives.

LESS LABOUR RIGHTS AND TRADE UNIOSN
AND CREATES AN INVESTMENT FREINDLY ENVIORMENT

Question 10

INCREASED INTERNATIONAL COMPANIES IMPACT NIKE

Answer 10

• Big brands and retailers headquartered primarily in rich countries subcontract manufacturing to producers all around the world:
• E.g. Nike does not own any factories or directly manufacture any of its own products – it contracts companies such as Yue Yuen to make its shoes

Question 11

THIS DISTRIBUTION OF COMPANIES ????

Answer 11

RAISES THE QUESTION IF THE POWER OF THE CONSUMER IN CONTROLLING THE ECONOMIC STATE

Question 12

Standardization:

Answer 12

easier / quicker movement of containers between trains, trucks, ships and across ports
- reducing the time, labor and cost involved in transporting commodities across long distances.

Question 13

HOW DOES THE IMPACT OF THIS GLOBALASTION IMPACT THE ECONOMY

Answer 13

• Creates a just in time economy which is based off consumer demand
  
  • Hired when needed, fired when not needed
  • Creates jobs that have no guarantees about the amount of work or income