Globalisation Test - Geography

Globalisation

The world becoming more connected through trade, travel, and communication.

Social Integration

People from different backgrounds mixing more closely, leading to more diverse communities.
Examples: Air travel, migration, social media.

Cultural Integration

Different cultures mixing and influencing each other, creating global trends in music, fashion, food, and language.
Examples: Media, music, travel.

Economic Integration

Countries being connected through trade and money. A change in one country can affect others.

Benefits of Trade

• More jobs

• More product choices for buyers

• More markets for sellers

Disadvantages of Trade

• Rich countries control most trade

• Poor workers can be exploited

• Moving goods burns fossil fuels (bad for the environment)

Corporate Domination

Big global companies can help by creating jobs, but they can also harm small local businesses and make cultures more alike.

Multinational/Transnational Corporations

Big companies with offices or factories in many countries but headquarters in one.

Capital City

The city where a country’s government is based.
Examples: Canberra, Washington D.C.

World Cities

a large city that is important to the global economy because it is a centre for business, finance, culture, and international connections. Example; Tokyo, Paris

Centralisation

When global finance is focused in a few major cities (New York, London, Tokyo) because:

• They have big companies and banks

• Good locations and time zones

• Store lots of money and data

Cultural Hubs

Cities that create and spread culture, like fashion, music, and ideas.