What and Why
The process of the world becoming more interconnected, with ideas, goods, and people moving across the world.
The two types of technologies and examples driving globalisation
Transportation:
Flight
Cargo Ship canals
Telecommunication:
Undersea communication cables
Internet
An example of why globalisation is a good thing
Poverty rates are decreasing, people are able to access products and services from all over the world, people can share ideas, improved communication, travelling helps educate people, education standards increase, health outcomes increase (people live longer, access to better healthcare...)
LDC and MDC stand for...
Less Developed Country, More Developed Country
In recent times, globalisation has been slowing down true or false
False
Four examples of how transportation accelerates globalisation...
Faster and bigger trucks, planes, ships; diesel engine; better road infrastructure; robots and machinery that help load and unload (elevators, conveyor belts, cranes...); high-speed trains; bigger ports and airports...
Two examples of what is said by those who are against globalisation.
Language and culture loss (local indigenous languages), environmental damage, rich and poor gap increases, organisations creating unfair trade conditions (exploitation), rich get richer, poor get poorer.
India, a rapidly industrialising country now has 11 of the 12 most polluted cities!
Global trend in which popular products sold and distributed across the world are modified to suit different countries or environments.
What is ADAPTATION?
Globalisation is a process in which the world is becoming more
Interconnected
Three cities have built up and hold global economic and cultural authority across the world. They are centres of financial and corporate institutions and play a significant role in the dissemination (distribution) of knowledge, entertainment and culture. They are centres of research and innovation.
What are 'WORLD CITIES'?
Tokyo
London
New York
Ways in which you have benefitted from globalisation.
Holidays overseas, world food, music, films, cheap clothes, popular culture, online learning, communication, international sport, social media, internet, online shopping and delivery.
Is the dispersal of cultural elements from one group of people to other groups of people through the expansion and influence of world trade.
What is DIFFUSION?
The main reason for globalisation is
Rapid advances in technologies specifically transportation and telecommuncations.
Some cities across the world, separate from the Alpha ++ cities, use their location for their comparative advantage.
Cities such as...
What is SPECIALISATION?
Los Angeles - Hollywood and film
Paris/Milan - Fashion
San Francisco/Bangalore - IT and Tech start-ups (SILICON VALLEY)
One way that TNCs have too much power
They earn large GDPs (bigger than some countries); they can avoid paying taxes; they can affect the politics of a country; they can dominate world trade; small businesses cannot compete with them; they can eliminate local traders.
Amazon was earning $830,000 per minute during the first 3 months of the Covid-19 pandemic in 2021.
When examining the concept and impacts of globalisation we need to question its ability to meet the needs of current and future generations through simultaneous environmental, social and economic adaptation and improvement.
What is SUSTAINABILITY?
Communication technology has resulted in three factors that move or flow from place to place, intensifying globalisation, what are these three factors?
-Thoughts/ideas
-goods/materials
-people
Technologies of the future that will continue to intensify globalisation
Autonomous vehicles, electric vehicles, robots, drones, AI, transportation infrastructure.
The phenomenon of a new tv series being launched on streaing services that 'lifts' an unknown actor to immediate fame or when a series becomes an overnight success, through 'binge watching'.Can lead to massive uptake and interest in hobbies/activities/people such as the huge increase in the purchase of chess sets after the hugely successful TV series 'The Queens Gambit' was released on streaming services.
What is the 'Netflix Effect'?
The continuing process of overcoming/lessening the 'friction of distance' in terms of time, thereby increasing their accessibility.
What is TIME-SPACE CONVERGENCE?