Unit 4 Flashcards
Globalisation
Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services
Global connectedness
The DHL Global Connectedness Index tracks the depth and breadth of international trade, capital, information, and people flows
Cross-border flows
the movement or transfer of information between servers across country borders
Capital
wealth in the form of money or other assets owned by a person or organisation or available for a purpose such as starting a company or investing
Emerging Economies
An emerging market is a market that has some characteristics of a developed market, but does not fully meet its standards
Global Interactions
global interaction suggests a two-way and complex process whereby cultural traits and commodities may be adopted
Global Citizen
a global citizen is someone who is aware of and understands the wider world and their place in it
Superpower
a very powerful and influential nation
hegemony
leadership by ne state over others - political, economically or military
Imperialist
ruling over other countries - Britain in colonial times
Defence spending
a budget for defence - USA $649 bln in 2018 / UK $56.1 bln
Influence
to have an effect on something or someone else
Institutions
organisation - religious, political etc
Remittance
A remittance is where you earn money in a foreign country and then send it back home to your original country
Human Trafficking
It is the illegal movement of people for illicit activities
