EQ1 Globalisation 26.3.19
EQ1: what are the causes of globalisation and why has it accelerated in recent decade?
Causes of globalisation
In the past global connection was achieved through:
- Trade.
- Colonialism.
- Co-operation.
Connections between countries are formed through network flows. These flows are the
movements of:
- Capital money.
- Commodities valuable raw materials; fossil fuels, food, minerals, manufactured
goods.
- Information the internet has brought real time communication between people
globally. This allows goods and services to be bought immediately.
- Tourists.
- Migrants has the most obstacles due to border control and immigration laws.
Remittances: money that migrants send home to their families via formal or informal
channels.
Interdependency: if 2 places become over-reliant on financial and/or political connections
with one another, then they have become interdependent. for example; if an economic
recession affects a host country for migrant workers, the economy of the source country
may shrink due to falling remittances.
Transport and trade in the 19th & 20th centuries
Important innovations in transport:
- Steam power 1800’s Britain, leading world power with steam ships and trains. s Britain, leading world power with steam ships and trains.
These moved goods and armies quickly along trade routes to Africa and Asia.
- Railways 1800’s Britain, leading world power with steam ships and trains. s, railway networks expanded globally.
- Jet aircraft international travel became more common.
- Container shipping shipping is arguably known as the ‘backbone’s Britain, leading world power with steam ships and trains. of the global
economy since the 1950s. everything can be transported by intermodal containers.
CONTAINERISATION.
Intermodal containers: large-capacity storage units which can be transported long distances
using multiple types of transport, such as shipping and rail, without the freight being taken
out of the container.
Time-space compression
- Heightened connectivity changes our conception
of time, distance, and potential barriers to the
migration of people, goods, money, and
information.
- This perceptual change = time-space compression.
- This is also called the shrinking world effect
EQ1: what are the causes of globalisation and why has it accelerated in recent decade?
Causes of globalisation
In the past global connection was achieved through:
- Trade.
- Colonialism.
- Co-operation.
Connections between countries are formed through network flows. These flows are the
movements of:
- Capital money.
- Commodities valuable raw materials; fossil fuels, food, minerals, manufactured
goods.
- Information the internet has brought real time communication between people
globally. This allows goods and services to be bought immediately.
- Tourists.
- Migrants has the most obstacles due to border control and immigration laws.
Remittances: money that migrants send home to their families via formal or informal
channels.
Interdependency: if 2 places become over-reliant on financial and/or political connections
with one another, then they have become interdependent. for example; if an economic
recession affects a host country for migrant workers, the economy of the source country
may shrink due to falling remittances.
Transport and trade in the 19th & 20th centuries
Important innovations in transport:
- Steam power 1800’s Britain, leading world power with steam ships and trains. s Britain, leading world power with steam ships and trains.
These moved goods and armies quickly along trade routes to Africa and Asia.
- Railways 1800’s Britain, leading world power with steam ships and trains. s, railway networks expanded globally.
- Jet aircraft international travel became more common.
- Container shipping shipping is arguably known as the ‘backbone’s Britain, leading world power with steam ships and trains. of the global
economy since the 1950s. everything can be transported by intermodal containers.
CONTAINERISATION.
Intermodal containers: large-capacity storage units which can be transported long distances
using multiple types of transport, such as shipping and rail, without the freight being taken
out of the container.
Time-space compression
- Heightened connectivity changes our conception
of time, distance, and potential barriers to the
migration of people, goods, money, and
information.
- This perceptual change = time-space compression.
- This is also called the shrinking world effect
