Key terms Flashcards
1
Q
Globalisation
A
increasing interconnections of the world, economically, socially, politically and culturally.
2
Q
Time space compression
A
More people travel further and with increasing frequency
3
Q
Social inequality
A
people have unequal access to valued resources, services, and positions in the society
4
Q
Quality of life
A
extent to which peoples needs and desires are met
5
Q
Standard of living
A
ability to access services and goods such as basics like water
6
Q
Global shift
A
relocation of manufacturing production on a global scale
7
Q
deindustrialisation
A
Economic restructure led to mine and factories closure in ACs
8
Q
Cycline economic change
A
Refers to the growth and decline within a economy