Globalisation and uneven development Flashcards
how is the silk road an example of early globalisation
connected China and Europe and followed the great wall of china, trade connections over a number of centuries
give a second example of early globalisation
the age of exploration
what international organisation can be seen to impose global coloniality
IMF
what assembly demanded freedom for colonies
1960 UN assembly
how many countries gained independence as a result of the assembly
28
who has taken on the role of former colonial powers
big companies
how and why are countries still dependent on loans from the west
decision-,making functions are being taken away from orgs like the UN to institutions like WTO and IMF which are controlled by developed countries, tied to the west through debt
give the centuries for the silk roads
1st century BC-5th century AD and 13th, 14th centuries AD
give the time period for the spice roads
7th- 15th centuries
give the time period for the age of exploration
15th-18th centuries
give the time period for the first wave of globalisation
19th century-1914
what occurred during the second and third waves of globalisation
spread to other countries eg US, factories and mass production, expansion of globalisation after the fall of the iron curtain, WTO encouraged countries to freely trade, new technologies improved trade links
what is happening in globalisation 4.0
cyber world, digital economy, AI, led by China and the US, threat of climate change
name the four types of global change
- stretching
- intensification
- speeding up
- deepening impact
what is a market
means by which exchange of goods and services takes place due to sellers and buyers being in contact