Key terms Flashcards

1
Q

Globalisation

A

increasing interconnections of the world, economically, socially, politically and culturally.

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2
Q

Time space compression

A

More people travel further and with increasing frequency

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3
Q

Social inequality

A

people have unequal access to valued resources, services, and positions in the society

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4
Q

Quality of life

A

extent to which peoples needs and desires are met

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5
Q

Standard of living

A

ability to access services and goods such as basics like water

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6
Q

Global shift

A

relocation of manufacturing production on a global scale

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7
Q

deindustrialisation

A

Economic restructure led to mine and factories closure in ACs

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8
Q

Cycline economic change

A

Refers to the growth and decline within a economy

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