globalisation facts

Question 1

containers

Answer 1

invented in 1956
320% increase in trade in the first 5 years

Question 2

Air travel

Answer 2

First transatlantic flight was 1919
Boeing 747 invented in 1960
1 million passengers in the air at any one time

Question 3

Internet

Answer 3

www. invented in 1991
Fibre optics have made it faster
50% of the world population are internet users

Question 4

Mobile phones

Answer 4

5 billion people around the world have a mobile phone

Question 5

World Bank/ IMF

Answer 5

Founded in 1944 at Bretton Woods
USA has 16% of the votes
Promotes Neo-liberalsim (free market capitalism and Privatisation of public services - especially in the 1980s)

Question 6

WTO

Answer 6

Founded in 1995
Promotes free trade

Question 7

China Open door policy

Answer 7

1978
created SEZ (Special Economic zones)- low tax zones to attract FDI

Question 8

EU Trade bloc

Answer 8

Free Trade between countries in the bloc
Free movement of people in the bloc
Enables the bloc to tax goods from outside the bloc that they don’t
want in order to protect own industries

Question 9

AT Kearney Index

Answer 9

Measures levels of globalisation
Looks at Political G (eg number of international organisation in)
And Economic G (eg amount of FDI in to the country)
Social G (eg number of internet users)
Netherlands is top

Question 10

KOF Index

Answer 10

same as AT Kearney but also Looks at technology eg. nr of server hosts

Question 11

Taiwan W/L of global shift.

Answer 11

One of the first NICs
Started developing in 1958.
Opened up to TNCs (Free market/liberalism)
Sweat Shops
Mattel went there in 1967 to make Barbies - left in 1987 as wages grew
(footloose industry)
Economy grew at 10% per year for 30 years
Multiplier effect
Now a tertiary economy
Switched-on’ to Globalisation
Environmental issues – pollution, car ownership, changing diet, nuclear
waste, increase consumerism, landfill

Question 12

eSwatini

Answer 12

Landlocked
Main export is sugar- low value
Switched off to globalisation

Question 13

North Korea

Answer 13

Bans internet and ALL western goods
Switched off culturally (political)

Question 14

India

Answer 14

centre for call centres - esp city of Bangalore
350,000 call workers in the country

Question 15

Ebbw Vale

Answer 15

Deindustrialised
12,000 jobs lost at steel plant
1/6 of population taking antidepressants

Question 16

Dhaka - Bangladesh

Answer 16

4million live in slums
1100 died in Rana plaza-textile factory

Question 17

Russians to London

Answer 17

1/3 of all property sales to overseas buyers are to Russians

Question 18

Qatar

Answer 18

2.3bln low wage migrants:$10 bln sent home in remittances

Question 19

Yanomami

Answer 19

Tribal group impacted by westernisation :
Intro to alcohol and western diet cause rotting teeth + “western” illnesses eg colds and malaria

Question 20

Mcdonalds

Answer 20

In over 100 counties)
glocalisation eg. wiesmak in PL, adapting to local taste

Question 21

Anti-globalisation movement

Answer 21

Censorship
China only allows 34 foreign movies.
Has own version of Google and Facebook
Rise of right wing political groups who oppose cultural globalisation eg UKIP
Environmental pressure groups eg XR, Greenpeace

Question 22

paralympics

Answer 22

huge growth in viewing/ acceptance (London 2012 Olympics)

Question 23

Totnes

Answer 23

Incredible edible - grow food in unused places (eg station), reduces food miles
Fairtrade- encourage fairtrade in shops. Better wage/price for producers. Must use sustainable farming techniques
Recycling – 60% of waste recycled (vs 40% nationally). Promotes circular economy
Totnes Pound –encourages spending in local stores (reduced transport miles). Reduces TNC profit leakage.

Question 24

GDP

Answer 24

the total value of all goods and services produced in a country in a given period

Question 25

HDI

Answer 25

health, knowledge and standard of living (life expectancy, literacy rates, econ?)

Question 26

GII

Answer 26

measures the loss in human development due to inequality in reproductive health, empowerment and labour market between women and men.

Question 27

economic sector balance

Answer 27

balance between the sectors - primary, secondary, tertiary, quaternary