Globalisation Flashcards
What are the five flows of globalisation?
products capital services labour information
What is the case study for products?
world trade in bananas
What are the examples/case studies for capital?
maquiladoras
apple
What is the case study for services?
India
What are the examples/case studies for labour?
Somalia
Qatar
What was Marshall McLuhan’s main idea?
“everywhere is now our own neighbourhood”
What did Marshall McLuhan say about tribalising? (3)
- “the world is like a tribal groan”
- tribal man was a man created by new electronic media, leading to more communication
- “retribalising” is collective
What did Marshall McLuhan say about books? (2)
- “the role of the book is changing”
- books provide a private point of view
What did Marshall McLuhan say about media? (2)
- he said the media is our senses and appeals to our senses
- the media is a teaching machine, allowing no private interpretation
What is globalisation?
Globalisation is the integration and communication between countries resulting in the development of global networks that influence economic, social, political and cultural views worldwide.
When was the term ‘globalisation’ coined?
in the 1990s
What did globalisation trigger in recent years? (3)
- the IT revolution
- the opening up of former communist bloc countries
- a massive increase in trade in manufactured goods
By how much did trade in manufactured goods increase?
from $100 billion in 1956 to $19 trillion in 2013
Who created the dependency theory and when?
Andre Gunder Frank in 1971
What did Andre Gunder Frank’s thesis state?
the condition of developing countries isn’t because of their lack of doing anything, chance, misfortune or climate, but rather a reflection of their participation in the “global” capitalist system
Outline poor nations’ role in the dependency theory (4)
they provide
- natural resources,
- cheap labour,
- a destination for obsolete technology, and
- markets for developed nations, without which the latter could not have the standard of living they enjoy
Outline wealthy nations’ role in the dependency theory (involving (6))
their influence involves
- economics,
- media control,
- politics,
- banking and finance,
- education,
- culture and sport
In a short summary, what is the dependency theory?
poor nations are supporting richer ones
Who created the modernisation theory and when?
Walt Whitman Rostow in 1960
What did the modernisation theory suggest?
that everyone has the chance to develop economically with the correct resources and attitude
What are Rostow’s five stages of growth?
1) Traditional society
2) Transitional stage
3) Take off
4) Drive to maturity
5) High mass consumption
What is traditional society in Rostow’s five stages of growth?
a society that’s dependent on the rural economy and is composed of barter, agriculture and is subsistence based
What is the transitional stage in Rostow’s five stages of growth?
a society that’s dependent on social appreciation of education and skill development and is composed of specialisation, surpluses and infrastructure
What is the take off stage in Rostow’s five stages of growth? (composed of (4))
a society that’s dependent on the sub-urban economy and is composed of industrialisation, growing investment, regional growth and political change