key words

Question 1

key flows in globalisation

Answer 1

capital/money
prdocucts and labour
services and global marketing
patterns of p, d and consumption

Question 2

key dimensions in globalisation

Answer 2

finance
communication
transport
trade agreements

Question 3

global systems examples

Answer 3

ECONOMIC - world bank, IMF
SOCIAL - world bank
ENVIRONMENT - IPCC

Question 4

flows of capital

Answer 4

between core (power) and periphery (developing) regions 
can be used for trade, investment or business production

flows include remittances
aid and repatriation, often preventing development in LICs

Question 5

define globalisation

Answer 5

process where the world is becoming increasingly interconnected on a varitey of scales
through the development of new technologies and driven by a number of factors
resulting in a borderless world

Question 6

example of remitances …..

Answer 6

in somalia, 40% population reliant on remittances to cover basic needs
lapse in security meant in 2012 aid from UK and US began to falter
there is also little governemnt regulation in the area so more and more are reliant on these payments

without globalisation these people would not cope…

Question 7

flows of product and labour

Answer 7

low skilled in LIC, high skilled in HIC in quaternary sector
a rise in economic migrants
> 5 million from south asia to west asis between 2005 and 2010

often produced in LIC now following global shift
also an increasing demand for products