What is globalisation? Flashcards Preview

6GEO1 EQ1,2,3 > What is globalisation? > Flashcards

Flashcards in What is globalisation? Deck (9)
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1
Q

What is the old definition of globalisation?

A

Economic, cultural, political connections through trade, colonisation and co-operation.

2
Q

What is the modern definition of globalisation?

A

Connections between people and environments across the globe which are lengthening and deepening.

3
Q

What is a trans-national company?

A

Corporation or enterprise that manages production establishments or delivers services in at least 2 countries.

4
Q

What does lengthening connections mean?

A

New links are growing between places that are further distances apart.

5
Q

What does deepening connections mean?

A

More and more people’s lives now connect with far away places and it no longer just the rich who are living ‘globally’

6
Q

What is globalisation the flow of?

A

Money, goods, ideas, people, music, videos.

7
Q

What two things have increased/improved as a result of globalisation?

A

Interdependence & Interconnectedness

8
Q

What are the types of globalisation?

A

Economic, cultural, political, demographic, environmental

9
Q

What are some examples of each type of globalisation?

A

Economic - growth of TNCs, FDI, world trade
Cultural - global news, fast food
Political - G8 domination, people aspiring to consumerist societies
Demographic - BR, DR changes affected natural increase, internal migration and economic migrants affecting urban population and international migration.
Environmental - global solutions needed to deal with global environmental threats