globalisation Flashcards
globalisation definition?
the increased process interconnection and interdependence of people and countries, resulting from the expanding integration of trade, finance, people, technology and culture.
diffusion?
the transfer of cultural elements from one group to another
adaptation?
is the adjustment in response to a changed environment
sustainability?
meeting the needs of current and future generations through environmental, social and economic adaptation and improvement
what is the shrinking world?
the time it takes for information, money, people and goods to travel to one another
(making the world feel smaller)
what is time space convergence?
places can be said to become closer to each other as the time taken to travel between them decreases
what are the 3 major world cities?
tokyo
london
new york
what makes world cities world cities?
they are the major economic and cultural cities
also occupy significant positions in time zone, enables the stock exchanges to offer a 24 hour service
3 pillars of sustainability?
economic
social
environmental
UN definition of sustainable development?
development that meets the needs of the present without compromising the ability of future generations to meet their own needs
what is a tariff?
a tax on goods that come into or leave australia
what is the diffusion of elements of culture?
- Cultural diffusion describes the spread of one culture’s practices, beliefs, and/or items, like food, music, or tools.
- influenced by how globalised/localised a place is, government
social, economic and environmental impacts of increased globalization
social
- overconsumption
- employment
- access to new cultures
economic
- countries gain money, expand businesses, increase trade agreements
environmental
- influence pollution and climate change (air, water)
