3.1 globalisation Flashcards
(4 cards)
what is globalisation and the 4 strands
Is the world becoming increasingly interconnected as a result of massively increased trade and cultural exchange across borders.Growing interdependence within the global economy is the result of movement in commodities,captial,tech, people and ideas
-economic
-social
-Political
-cultural
what are the three aspects of modern day globalisation
connections are lengthening - new links between distant places
connections are faster-faster speed of connections or travelling quickly between different continents using jet aircraft
connections are deeper-peoples lifestyle connect deeply with far away places
what are the global flows
-capital
-commodities
-people
-information
time-space compression
world is metaphorically shrinking, compression of geographic space by means of faster communication and transport