Globalisation Flashcards

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1
Q

what is the frictional effect of distance/distance decay

A

suggests that areas that are closer together are more likely to interact, whereas areas further away are less likely to interact with each other.

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2
Q

what effect has globalisation had on the frictional effect of distance

A

it has reduced the frictional effect of distance

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3
Q

what reduces the effect of the frictional effect distance

A

globalisation

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4
Q

what is globalisation

A

the increasing interconnectedness and independence of the world economically, socially, politically and culturally

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5
Q

what are the main economic features of globalisation

A

trade
investment
financial markets
TNC’s

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6
Q

what are the main political features of globalisation

A

global governance
diplomacy
conflict & military intervention

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7
Q

what are the main social & cultural features of globalisation

A

media
migration
food, traditions (etc)
spread of ideas e.g. democracy
NGO’s
global action e.g. against child labour

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8
Q

what is time space compression

A

how places become closer through increased global connectivity

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9
Q

what did Marx mean when he referred to the annihilation of space by time

A

by connecting places the space-time concept will be removed e.g. by building railways.

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10
Q

what was Harvey’s definition of space-time compression

A

the acceleration of economic activities leads to the destruction of spatial barriers and distances

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11
Q

what are the six interlinked factors important for the acceleration of globalisation

A

transport
containerisation
global brands
technology
social media
decentralised manufacturing (global shift)

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12
Q

how does transport factor towards the frictional effect of distance

A

as transport systems are developed and improved the frictional effect of distance is reduced

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13
Q

what happens when transport systems become more developed

A

passenger travel and tourism increases so new transport methods are put in place and new paths are created, bringing destinations closer

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14
Q

what is containerisation

A

a system of freight transportation and sea shipping that has reduced costs of moving goods around the place

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15
Q

how is containerisation been adapted for economies of scale

A

containers have standard dimensions which means they can be handled anywhere in the world, Ships and port equipment adjust to handling them with optimum efficiency and economies of scale

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16
Q

how do manufacturers lower the unit cost of transportation

A

they optimise their packaging for containers.

17
Q

how do TNC’s operate as global brands

A

they have a recognisable brand that is established and adapted across global regions - a recognisable logo means people can travel and still have familiar features around them.

18
Q

what does technology do for globalisation

A

high speed electronic trading systems mean that transactions for imports and exports are quick and secure

19
Q

what is Moore’s law to do with technology

A

that we can expect the speed and capability of our computers to increase every two years, and we will pay less for them.

20
Q

how is technology used in globalisation

A

satellites and fibre optic cables can carry a large capacity of data at very high speeds around the world.
companies can remotely manage their operations

21
Q

how does social media affect globalisation

A

it creates a more immediate method of communication with people far away.
It is quicker to inform people of news and events

22
Q

what type of raising money does social media allow

A

crowdsourcing - supporting large numbers of people working together on a task

23
Q

what is global shift

A

when manufacturing has shifted from countries in the global north to the global south

24
Q

what are the reasons for global shift

A

lower cost of labour and materials
avoid stringent environmental or labour laws
access to new markets through trade blocs
avoid tariff and quotas

25
Q

what do some suggest that space-time compression and globalisation can lead to

A

a feeling of dislocation and placelessness - people cannot identify one place from another and feel a lack of rootedness in a place as all places are homogenous

26
Q

what is a method to measure the impacts of globalisation

A

taking a Clone town Britain survey

27
Q

how does globalisation affect different places differently

A

doesn’t affect places equally - some benefit from the changes whereas others find the changes disturbing and may not feel at home even if they have there their entire lives

28
Q

how can globalisation affect people differently based on their job in the UK

A

a car factory worker may lose their job due to competition as it is cheaper to produce in other countries

29
Q

how would globalisation affect where you live

A

if you live on the edge of an EDC means you could benefit from jobs being created from TNC’s.
you could also not benefit as waterways may be polluted.

30
Q

what are the 3 main advantages of globalisation on a place

A

makes places feel connected and not isolated
cheaper and easier to trade creating a larger range of goods from new cultures which creates excitement
may introduce a new industry into the area which reduces unemployment and poverty

31
Q

what are the 4 main disadvantages of globalisation on a place

A

locals may not feel at home or feel negatively about places
increase in clone towns
large TNC’s may drive out local businesses
places lose uniqueness