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Geography > Globalisation > Flashcards

Globalisation Flashcards

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1
Q

the increasing of interconnectivity between countries around the world through the movement of goods , services, capital and ideas across borders

A

globalisation

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2
Q

what are the four types of globalisation

A

economic , social , cultural and political

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3
Q

increase of TNCs and ITCs

A

economic globalisation

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4
Q

international migration , improvements in education and healthcare and social interconnectivity

A

social globalisation

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5
Q

increase in trade blocs , free trade agreements and global agreements (world bank , IMF ans WTO)

A

political globalisation

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6
Q

glocalisation , spread of western culture , hybridisation and the shrinking of time space compression

A

cultural globalisation

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7
Q

companies who operate in many countries producing and selling goods or services

A

TNCs

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8
Q

changing the design of a product or service to suit a local culture

A

glocalisation

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9
Q

give an example of glocalisation

A

McPaneer in India adopted by McDonalds to suit that audience

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10
Q

a group of countries or organisations working together for trading purposes

A

trading blocs

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11
Q

how were global connections traditional formed?

A

through trade , colonalism and co-operation between countries through international organisations

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12
Q

how are global connections maintained and improved today?

A
  • lengthening connections (products being obtained from further away than ever before)
  • deeping connections
  • faster speed of connections (improvement of technologies or travel)
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13
Q

how many global flows are there?

A

five

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14
Q

name the five main global flows

A

tourism , migration , capital , commodities and information

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15
Q

money flowing through the stock market

A

capital flow

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16
Q

the trade of valuable raw materials such as fossil fuels

A

commodity flow

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17
Q

internet and real time communication

A

internet flow

18
Q

permanent movement of people yet still facing challenges with border controls and immigration laws

A

migration flows

19
Q

budget airlines making it possible to travel further and with more ease

A

flow of tourism

20
Q

what has developments in transport led to

A

more trade , transport developments allows for a larger amount and value of trade

21
Q

where is profit from often invested?

A

into developing transport technologies

22
Q

what are the four transport developments between the 19th and 20th centuries

A

1 - steampower
2 - railway networks
3 - jet aircraft
4 - container ships

23
Q

what did steam power do for trade?

A

steamships and trains moved good along trade roots quickly in the 1800s

24
Q

when was steam power used

A

the 1800s

25
Q

what did railway networks do for trade?

A

allowed for global links to form

26
Q

when were railway networks developed

A

the 1800s

27
Q

what is HS2

A

the new railway network transport development linking london and northern england together in half the time than what it takes currently

28
Q

what has jet aircraft done for trade?

A

made international trade easier and faster

29
Q

what was the famous intercontinental jet aircraft in the 1960s

A

intercontiental boeing 747

30
Q

what has container ships done for trade?

A

allowed for more trade than ever before to be transported at any one time relatively quickly

31
Q

what is the largest container ship as of march 2023

A

MSC Irina

32
Q

how many containers can MSC Irina carry?

A

23,400

33
Q

the reduction in time to reach other places around the world due to technological developments

A

shrinking world effect

34
Q

what can the shrinking world effect also be called?

A

time-space compression

35
Q

what are the five ways of ICT and global communications

A

1 - telephone and telegraph
2 - broadband and fibre optics
3 - GIS and GPS
4 - internet , social media and skype
5 - mobile phones

36
Q

if a country sees globalisation as a threat what does it try to protect itself from?

A

FDI and TNCs

37
Q

what does FDI stand for

A

foreign direct investment

38
Q

what does TNC stand for

A

transnational corporation

39
Q

what are some of the strategies national governments can use to boost growth of TNCs

A
  • free trade blocs
  • SEZs
  • tax incentives
  • free market liberalisation
  • privatisation
  • business start-ups
40
Q

allows for allies and neighbouring countries to trade freely

A

free trade blocs

41
Q

grow , demand , market , merge

what are the benefits of free trade blocs

A
  • companies growing
  • bigger market and more demand
  • smaller companies can merge making TNCs to reduce costs
42
Q

encourage

how can government polices help the growth of TNCs

A

growth of TNCs can be encouraged through a range of government policies

Geography (14 decks)

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