Globalisation Flashcards
1
Q
What is globalisation?
A
The increasing interconnectedness of the world.
2
Q
One impact of globalisation on people is “time-space compression”. What does this mean?
A
Time-space compression is the idea that technological innovations have removed or reduced spatial and temporal distances between different places, through developments of:
>Communication
>Transport
>Economics.
3
Q
What is meant by the term, “the global village”?
A
This term describes the idea that the world has become smaller due to its interconnectedness, due to communication and transfer of goods, capital and people faster and in greater amounts.
