Knowt
Globalisation
GLOBALISATION MEANING
a term which describes ways in which people and places are becoming more closely linked
describes the links between countries and people
describes the scale and pace of the growth of trade and communications
Global trade is not new
trade - from 1492 when Columbus reached the Americas
colonialism - by the end of the 19th century, the British empire directly controlled 1/4 of the world and its people
cooperation - since ww1 ended in 1918, international organisations similar to today’s UN have existed
Modern globalisation (post 1940)
lengthening of connections
products being sourced from further away
deepening connections
links with more people and places in all areas of our lives
faster speed of connections with people being about to connect instantly or travel longer distances faster
TNCS
architects of globalisation
invest abroad and build links between the places that make products and the places that consume the products
Factors that contribute to globalisation
TRANSPORT
lower transport costs internationally e.g., containerisation
cheaper to move products
TECHNOLOGY
advances in tech allows data to be transferred internationally instantly
people can communicate in real time internationally immediately
INTERNATIONAL ORGANISATIONS
trade relies on cooperation between different countries e.g., WTO, UN, WB
TRADE/NEW MARKETS
companies operate across national boundaries placing different elements of their business in different countries
Shrinking World
Development in ICT
interdependency - if 2 places become over reliant on financial and/or political connections with eachother
time-space compression - the set of processes that cause the relative distances between places to contract (come closer)
globalisation has reduced the amount of time to connect with another person (from faster travels to a phone call)
KEY FACTS
most internet users in north America and Europe in general
as globalisation occurs, as shown by China, poverty reduces
low numbers of mobile broadband subscriptions in SE Asia (South in general)
most of the population across Europe has a mobile broadband subscription
only the richer can afford broadband
The mobile phone revolution
Around 2014, cellular subscriptions overtake the population in billions as individuals may have multiple devices and thus want a subscription for each.
Mobile phones have now become an integral part of our everyday lives. They are extremely useful leading to society’s dependency on them.
Globalisation
GLOBALISATION MEANING
a term which describes ways in which people and places are becoming more closely linked
describes the links between countries and people
describes the scale and pace of the growth of trade and communications
Global trade is not new
trade - from 1492 when Columbus reached the Americas
colonialism - by the end of the 19th century, the British empire directly controlled 1/4 of the world and its people
cooperation - since ww1 ended in 1918, international organisations similar to today’s UN have existed
Modern globalisation (post 1940)
lengthening of connections
products being sourced from further away
deepening connections
links with more people and places in all areas of our lives
faster speed of connections with people being about to connect instantly or travel longer distances faster
TNCS
architects of globalisation
invest abroad and build links between the places that make products and the places that consume the products
Factors that contribute to globalisation
TRANSPORT
lower transport costs internationally e.g., containerisation
cheaper to move products
TECHNOLOGY
advances in tech allows data to be transferred internationally instantly
people can communicate in real time internationally immediately
INTERNATIONAL ORGANISATIONS
trade relies on cooperation between different countries e.g., WTO, UN, WB
TRADE/NEW MARKETS
companies operate across national boundaries placing different elements of their business in different countries
Shrinking World
Development in ICT
interdependency - if 2 places become over reliant on financial and/or political connections with eachother
time-space compression - the set of processes that cause the relative distances between places to contract (come closer)
globalisation has reduced the amount of time to connect with another person (from faster travels to a phone call)
KEY FACTS
most internet users in north America and Europe in general
as globalisation occurs, as shown by China, poverty reduces
low numbers of mobile broadband subscriptions in SE Asia (South in general)
most of the population across Europe has a mobile broadband subscription
only the richer can afford broadband
The mobile phone revolution
Around 2014, cellular subscriptions overtake the population in billions as individuals may have multiple devices and thus want a subscription for each.
Mobile phones have now become an integral part of our everyday lives. They are extremely useful leading to society’s dependency on them.
