Human Geography AQA A level 7
Globalisation
Globalisation - The process by which the world is becoming increasingly
interconnected
Economy - Trade and aid
TNCs
Capital flows
Politics - Trading groups
governmental and global institutions
Environment - Impacts and degradation
linked by commons
Technology - Higher productivity
Transfer to LEDCs
Communication
Culture - 'Westernisation'
Cultural diffusion
, Human Geography AQA A level 7
Globalisation
Society - Migration
Social Networks
Flows of capital - Usually refers to flow of money for investment trade or
production
can also involve physical transfer of production resources
capital - accumulated wealth, including machinery, building, money, stocks or
inestment
deregulation - removal of governmental rules, regulation and laws from the
operation of business
removal of restrictions on the movement of capital
Foreign Direct Investment (FDI) - investment made by a government/large
company into physical capital or assets of foreign enterprises.
Dominated by developed countries (inflows and outflows)
EU and North America dominate out of developed countries
Globalisation
Globalisation - The process by which the world is becoming increasingly
interconnected
Economy - Trade and aid
TNCs
Capital flows
Politics - Trading groups
governmental and global institutions
Environment - Impacts and degradation
linked by commons
Technology - Higher productivity
Transfer to LEDCs
Communication
Culture - 'Westernisation'
Cultural diffusion
, Human Geography AQA A level 7
Globalisation
Society - Migration
Social Networks
Flows of capital - Usually refers to flow of money for investment trade or
production
can also involve physical transfer of production resources
capital - accumulated wealth, including machinery, building, money, stocks or
inestment
deregulation - removal of governmental rules, regulation and laws from the
operation of business
removal of restrictions on the movement of capital
Foreign Direct Investment (FDI) - investment made by a government/large
company into physical capital or assets of foreign enterprises.
Dominated by developed countries (inflows and outflows)
EU and North America dominate out of developed countries