Factors affecting globalisation Flashcards Preview

Geography-- Global Systems and Governance > Factors affecting globalisation > Flashcards

Flashcards in Factors affecting globalisation Deck (25)
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1
Q

main developments caused by globalisation (4)

A

communication developments
transport developments
financial developments
security developments

2
Q

benefits of instant messaging services (such as Facebook)

A

easier to communicate with people across the globe- saves time
financial improvements- money can be transferred quickly and easily
people able to voice opinion online

3
Q

how long would the economy be disabled if facebook was hacked

A

3 years

4
Q

drawbacks of instant messaging services such as Facebook

A

not much privacy
fake news can be spread easily
lack of access for some (isolated)

5
Q

what is a protectionism

A

putting in place barriers to prevent and reduce trade in order to maintain internal markets and own manufacturing industries

6
Q

what is trade and financial liberalisation

A

groups such as the WTO encouraging governments to remove tariffs and barriers to trade. the idea is to encourage the free movement of goods and services

7
Q

trade and financial liberalisation leads to …

A

more globalisation

8
Q

example of a protectionist country

A

North Korea (arguably the only one in the world- completely independent)

9
Q

benefits of a protectionism (4)

A

not reliant on other countries
gov is still able to directly control industry
good internal economy
environmental benefit- no imports or exports

10
Q

benefits of liberalisation (3)

A

not restricted to what you make and produce yourself - more freedom of choice
more competition which drives down prices
builds relationships between countries

11
Q

which approach (protectionism or liberalisation) is more economically sustainable (give reasons)

A

can be seen that protectionism is as the country has the most control over imports and exports. also reduces interdependence and strengthens internal economy. but does restrict people’s choices

12
Q

how has the air transport of goods aided globalisation

A

goods with a fast expiry date (eg food, flowers from Kenya or organ donations from across the world) can be transported quickly
perishable goods such as food that are out of season can be found in supermarkets all year round

13
Q

(development in transport) how many containers can a ship hold at one time and what does this mean for the price of goods

A

10,000 - means the goods are cheaper

14
Q

how is containerization made more effective

A

all the containers are a standardised size

15
Q

why are robotic warehouses more effective than traditional warehousing techniques

A

less mistakes and much faster (products usually packaged and out of the warehouse in 2 hours)

16
Q

what is the aim of the World Customs Organisation (WCO)

A

to stay ahead of any crime relating to the movement of goods and services

17
Q

what does the EU secure operative do

A

protects EU transport of goods and services (like the WCO but for just the EU)

18
Q

what is the case study for management and information systems

A

HSBC

19
Q

HSBC is the world’s __ largest bank

A

4th

20
Q

how many branches in how many countries does HSBC have

A

9,500 branches in 85 countries

21
Q

how many HSBC customers are there

A

100 million

22
Q

how much does the HSBC have in assets

A

$2.67 trillion

23
Q

what is ‘just in time’ manufacturing

A

only making things once they have been ordered

24
Q

benefit of J.I.T manufacturing

A

no storage is needed as the product (usually cars) are sold immediately after production

25
Q

disadvantage of J.I.T manufacturing

A

the company is heavily dependent on the supplier