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Geography: Globalisation > History of Globalisation > Flashcards

Flashcards in History of Globalisation Deck (12)
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1
Q

What is globalisation?

A

Globalisation is the process by which people, culture, finance, goods and information transfer between countries.
It is the increasing connectedness and interdependence of parts of the world.

2
Q

What are the five global flows?

A
Tourists
Migrants
Information
Capital
Commodities
3
Q

What is containerisation?

A

Process of transporting goods through large metal containers.

4
Q

Recent example of globalisation in the UK

A

Channel Tunnel opens in 1994

5
Q

Advantages of containerisation

A

Containers are loaded and unloaded by crane, increasingly automatically.
Containers are inter-modal, meaning that they can be transported by ship, lorry or train.

6
Q

How much does it cost to transport an Iphone or a television from China to the UK?

A

Less than £1.

7
Q

How much can the world’s fleet of 9,500 container ships carry?

A

18000 twenty-foot shipping containers each.

8
Q

What is the flow of goods?

A

The products and commodities we all buy in shops, many of which were grown or made in distant places.

9
Q

What is the flow of capital?

A

Flows of money between people, banks, businesses and governments.

10
Q

What is the flow of information?

A

Such as data transferred between businesses and people, often using the internet.

11
Q

What is the flow of people?

A

Flows of migrants and tourists from one part of the world to another.

12
Q

What does interdependence mean?

A

The success of one place depends on the success of other places. Economic problems in one country can quickly spread to its trading partners and affect people in distant places.