The concept of globalisation Flashcards
Outline the term ‘Global Village’.
Marshall Mcluhan
Modern communications connecting people world wide. Sharing of cultures and ideas.
Define ‘Global economy’
The internal and external global economic activity.
Globalisation
The interconnectedness and integration of national economies, societies and cultures.
Developed through trade, communication, transportation and immigration.
why is Globalisation difficult to define?
Broad and multifaceted term.
What are the different levels of industry and their impact on the location?
Primary (e.g agriculture) - reshapes landscape,
Secondary (processing) - Increases capital through FDI.
Tertiary (services) - help create a more stable and proggessable society.
Quaternary (Knowledge based industries) - increased investment, tech developments, lesser impact on wider landscape?
What are the disadvantages of globalisation?
Environmental degradation (exploitation + pollution)
Increasing wealth divide WITHIN countries
Homogenising cultures
TNCs increased influence in politics + can cause job insecurity
Conflict - internet spreads extremist ideologies and tensions from
What are the advantages of globalisation?
Improved global co-operation
Improved economic growth
employment + investment
tourism
increased understanding of global environmental impacts
Sharing ideas and tech
Who will benefit from globalisation and who will not?
Benefit:
TNCs, superpowers
Lose:
weak government countries
individual workers
minority groups
What was The Global Shift?
Increased FDI in newly industrialised countries over last 30 years.
Increase in manufacturing occurring in newly industrialised countries.
Why did The Global Shift occur?
Cheaper labour costs
Get around trade barriers and taxes.
Transport, tech and communication improvements.
What are positive effects of the shift for core countries?
Products - cheaper to buy.
Increased environmental quality due to loss of industry.
What are the negative effects of core countries?
More job losses
Growing divide between skilled and unskilled workers.
Job losses apparent in particular areas
What are the positive effects of The Global Shift for the periphery countries?
Increased income from increased exports.
Locals = increased employment - multiplier effect increases quality of life. Spread wealth.
increased skills and labour productivity.
What are the negative effects of The Global Shift for the periphery countries?
New jobs tend to be urban based
Exploitation of workers.
Depopulation in countryside - not enough food…
Environmental issues with rapid industrialisation
Over-dependance on 1 TNC or industry.
