GLOBALISATION - LESSON 1 - ACCELERATION OF GLOBALISATION Flashcards
What is globalisation
Process by which the world is becoming increasingly interconnected as a result of increased trade of goals and services, knowledge and culture exchange. This can be between multinational, corporations, governments, and the general population, creating a global network.
What is time-space compression
The why that the world is seemingly getting smaller or compressing as a result of increased technological innovations seen in transport and communications alongside the expansion of global capital
When was the telegraph invented and ended
invented 1837 - ended 1982 in the UK
Last telegraph sent was India in 2013
How many people use mobile phones globally
7.41 billion
When was the internet invented and used
Invented 1960
Not used until 1991
How many people globally have a social network
4.95 billion
When was fibre optics invented
1965
What is containerisation
The packing of goods into large containers
Who invented containerisation and when
Malcolm McLean - 1956
Since the invention of containerisation, how Long has loading and unload time decreased by
3 weeks to 24 hours
How much more cargo can now be transported on steam ships
1.7 tonnes to 30 tonnes
How many jet aircraft were in operation in 2022
28674
