Globalisation EQ1

Question 1

What is globalisation?

Answer 1

A variety of ways in which places are now more connected with one another than they used to be

Question 2

What are the 4 strands of globalisation?

Answer 2

1- Economic Globalisation
2- Social Globalisation
3- Political Globalisation
4- Cultural Globalisation

Question 3

What are the 4 flows of globalisation?

Answer 3

1- Capital (Money)
2- Commodities (Goods)
3- Information (Data)
4- People (Migrants + Tourists)

Question 4

How did globalisation occur pre-1940s?

Answer 4

-Trade
-Colonialism
-Co-operation (international organisations after WW1)

Question 5

What is time-space compression?

Answer 5

The perceptual change of time, distance and potential barriers to the migration of people, goods, money and information though heightened connectivity

Question 6

What is ‘shrinking world’?

Answer 6

Thanks to technology, distant places start to feel closer and take less time to reach

Question 7

Why might some people be against the globalisation flows?

Answer 7

-Some people are against remittance as the money isn’t contributed to the host country’s economy
-Some people against open borders and free movement of migrants
-Some fear TNCs are responsible for the spread of culture
-Some against flows of personal data and information across the World

Question 8

What is the interrelationship between trade and transport growth?

Answer 8

Technological developments in transport has allowed trade to happen more quickly and easily, increasing profits which drives technological changes

Question 9

How has container ships in 1950s led to increased globalisation?

Answer 9

Goods can be transported more efficiently with intermodal containers (ships carry up to 23946 containers)

Question 10

How has the jet aeroplane in the 1960s led to increased globalisation?

Answer 10

The Boeing 747 allowed international travel to be easier, quicker and cheaper

Question 11

How has steam technology in the 1800s led to increased globalisation?

Answer 11

Steam technology powered ships, which could move goods and armies quickly and further along trade routes

Question 12

What is meant by the spatial division of labour?

Answer 12

TNCs moving low-skilled work abroad to places where labour costs are low, with important managerial jobs being retained at the TNC’s headquarters