Globalisation: Flows Flashcards
what are the 5 main flows?
- information
- capital
- products
- services
- labour
what is global marketing?
process of promoting, advertising and selling products or services
what is Flow of Capital?
capital is money that is invested - spent to increase profit or income
how much had FDI globally rise by between 1996 and 2016?
$400billion - $1500billion
what is the Flow of Products?
the movement of production (usually in the form of HIC to LIC)
what case study links to flows of products?
Dyson
by how much did the number of manufacturing jobs decrease by in the UK between 1985 and 2016?
5million in 1985 to 2.6million in 2016
what is the flow of services?
services are economic activities that are NOT based around goods (e.g. banking)
what are the two services that the flow of services can be split into?
- low level customer services
2. high level financial services
what is the flow of labour?
the movement of people from one country to another for work
international migration has increased by ___% between 2000 and 2015
40%
what is the flow of information?
the movement of data through the use of media or technology
