Globalisation & time space compression Flashcards

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1
Q

Glabalisation

A
  • Increasing interconnectedness and interdependence of the world, Economically, socially, politically, culturally
  • Global village: world has become smaller, interconnectedness
  • Communications quicker
  • Flow of goods quicker
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2
Q

Time space compression

A
  • Decreasing space between people and ideas
  • Space no longer a barrier between transport and communications
  • No longer have to depend on seasonality of food, can rely on imports
  • Benifits some people
  • Changes can feel “disturbing”, no longer feel at home (dislocation), too different
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3
Q

Economic change

A
  • Increase in flow,/ ideas, goods, services
  • Globalisation driven by global to local economic changes
  • TNCs impact lives of billions
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4
Q

Global shift

A
  • Relocation of manufacturing / production on global scale

- New International Division of Labour (NIDL) created industrial countries, cheap labour

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5
Q

Economic restructuring

A
  • loss of employment in primary / secondary sectors

- ACs, post industrial, tertiar & quaternary sector

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