SlideShare a Scribd company logo
Introduction to Globalisation
Starter
• How far has the water in this bottle travelled?
• What are the impacts of that journey?
• Is this globalisation gone mad
In 2012, official Adidas reports
showed that they were operating over
1,000 overseas factories with vast
majority of them located in Turkey,
India, China, Vietnam, Thailand, and
Indonesia.
Where are North Face jackets made?
The parent company of The North
Face, VF Corporation, owns over 30
manufacturing facilities in countries
including China, Vietnam, Bangladesh,
Cambodia, India, and many more.
FIJI WATER
• The firm claims to be the “the first major beverage brand to give a
carbon negative commitment”, meaning that buying its product is
actually good for the planet.
• However, the firm takes fresh water from the island of Viti Levu (part of
Fiji) and ships it thousands of miles to the UK.
• Any ideas how they could claim to be carbon negative when the water
has to take this epic journey?
How?
• The firm planned to plant four square miles of trees per
year to offset the footprint of its cargo, however they have
planted less than half of that number so far - with no
indication of when the rest might be planted.
Some Positives and Negatives
Perceived Positives
• Hyper-globalisers applaud the fact
that millions of people have
escaped dollar-a-day poverty since
the 1970s.
• They celebrate the ways cultures
are mixing and, at the local scale,
often becoming more diverse.
Perceived Negatives
• A world in which people have greater
freedom to migrate across political
borders – as it the case for European
Union members – is not to everyone’s
taste.
• There are fears too that Transnational
Corporations (TNCs) are responsible
for a growing trend towards cultural
homogeneity (uniformity) on a global
scale.
• As a result, many people are sceptical
about the merits of globalisation.
What are your pros and cons of Globalisation?
Globalisation is a long-standing Process
• It is the latest chapter in a long story about how people and places have
been connected on our planet.
• Globalisation is not a new concept
• Past examples include:
• Trade
• Colonialism
Columbus and his men traded bells, tin whistles and other
trinkets with the native people when they arrived in the
Americas, in return for large amounts of more valuable
produce such as vanilla pods and tobacco
The East India
Company ran
from 1600 –
1874 trading
around the
world
Examples of Old Globalisation
• The Silk Road
Dates from the beginning of the Han dynasty
in China (207 BCE–220 CE)
• The Spice Trade
• Dates back to the medieval periods
Definitions of Globalisation
• There is no accepted definition of globalisation
• ‘The growing economic interdependence of countries worldwide through
increasing volume and variety of cross-border transactions in goods and services,
freer international capital flows, and more rapid and widespread diffusion of
technology’ (IMF).
• What are the key elements of this definition
• ‘The growing economic interdependence of countries worldwide through
increasing volume and variety of cross-border transactions in goods and
services, freer international capital flows, and more rapid and widespread
diffusion of technology’
Create your own definition for the meaning of globalisation.
A good definition of globalisation for geography would take into account the fact that it is a
multi-strand process incorporating social, economic, cultural, political and environmental
aspects.
Globalisation comes in different forms
• Political
• Economic
• Cultural
• Social
• Draw a table and try to come up with examples for each
one
• E.G. Social globalisation - migration
Length, Depth and Speed of
Global Connection
• Lengthening of connections
– between people and places with products sourced from further
away such as UK to Fiji
• Deepening of connections
– between people and places which now penetrates all aspects of
our lives. Consider the food you eat:
• Write down your 3 favourite foods
• Faster Speed of connections
– with people able to talk to one another in real time, using
technologies such as skype or travel quickly between countries
using jet aircraft
• Think of the furthest place you have been and how long it took
to get there
Economic
Growth of TNCs and cross border exchanges of goods and
services
ICT growth allows for more spatial divisions of labour and
increased global business
Internet allows for growth of online business like Amazon
Social
International Migration has created family networks across
borders multi-ethnic cities
Global Improvements in Education and Healthcare – increased
life expectancy and literacy rates (Though this isn’t uniform)
Social Interconnectivity – growth in use of mobile technology,
internet and email
Political
Growth of trade blocs like EU and ASEAN allows TNCs to merge
and buy companies in neighbouring countries with reduced
tariffs and helps markets to grow
Global concerns such as free trade and credit crunch as well as
global responses to Natural disasters such as Boxing Day
tsunami
Word Bank, IMF and WTO work to harmonise national economies
Cultural
•Successful western cultural traits have come to dominate such
as Americanisation
•Globalisation has mixed and merged cultures to create global
influences
•Circulation of ideas and information has accelerated with social
media and 24 hr news channels
Types of
Globalisation
Given the definitions we have seen, consider the length, depth
and speed of the connection that the following people have
with the rest of the world…
These women live on a floating island made of reeds on Lake
Titicaca in Peru. They adhere mostly to the traditional
lifestyle of their ancestors, but they allow visits from tourists
who take their photographs and buy their crafts.
This couple own a farm in Arizona. Terry is American and
Ramona is Mexican. They work hard, running their business
and neither have ever needed a passport because they do not
have time for holidays.
Michal is Polish and sang Poland’s entry for the Eurovision
song contest in 2016. He lives the life of a modern hippy –
travelling around with his guitar and sharing his music and
zest for life with the world.
Flows
• Consider the importance of the following flows between
countries
• Commodities
• Capital
• Migrants
• Tourists
• Information
• Can you give any specific examples of these?
Remittance flows - Skills
• Draw a table to show the
source region, host country
and value for each
remittance flow.
Flows of People
• Have a go
• This complex flow diagram
shows global migration
flows
• Try to work out
• Which people migrate to
North America
• Which people migrant to
southern Europe
• Where do most S. Asia
people do?
• Write down:
• The reasons you feel globalisation is good
• The reasons you feel globalisation is bad
Compare Facebook connectivity in
Africa with that in Europe. (3)
Explain some of the factors that may
contribute to the different levels of
connectivity between areas (4)
The Development of Globalisation
How globalisation works
• Imagine a British tourist, wearing a t-shirt made in
Guatemala, scrolling through the menu list on her
American-designed smartphone (which was made in
China). She selects the music of a Canadian singer,
sends photos home to the UK, while relaxing in a
hardwood chair imported from Bali. Her meal arrives – its
an Indian dish, served on the veranda of a Cuban hotel,
managed by a Spanish leisure chain.
• Now write a short paragraph of your own, like this
one, including as many global examples as possible.
• Aim for 8+ examples.
So lets look at this more deeply
• Identify the factors accelerating globalisation.
• Understand the role of communications and transport in
time-space compression.
Definitions quiz
• At GCSE and in life there are words you may or may not
have done but have a go at defining these:
1. World Bank
2. containerisation
3. flow
4. outsourcing
5. tariff
6. FDI (Foreign Direct Investment)
7. economic liberalisation
8. interdependence
Answers
World Bank
• An international financial institution that
provides loans to countries of the world for
capital projects.
containerisation
• The development of standardised metal
containers for cargo, which can be
transferred between train, lorry and ship
carriers.
flow
• The movement people, money, resources,
goods and services, etc. between places.
outsourcing
• TNCs contract another country to produce
goods and services they need rather than
do it themselves.
tariff
• The taxes that are paid when importing or exporting
goods and services between countries.
FDI (Foreign Direct Investment)
• A financial injection made by a TNC into a nation’s
economy, either to build new facilities (factories or
shops) or to acquire, or merge with, an existing firm
already based there.
economic liberalisation
• The lessening of government regulations and
restrictions in an economy with the goal of expanding
the role of private and foreign investment.
Interdependence
• If two places become over reliant on financial/political
connections with one another, they have become
interdependent.
Give yourself 1 mark for getting the idea of it right or 2 marks for
getting it right
Transport and Trade in the 19th and 20th
Centuries
• Developments in transport and trade went hand-in-hand during the nineteenth
and twentieth centuries.
• While transport improvements have allowed the value of trade to increase, it is
also the case that major trading powers such at the USA, seek to maintain their
competitive edge through continued transport innovation. This feedback loop is
the result.
A feedback loop is
when the output (Transport)of
a system are routed back as
inputs (trade) as part of a
chain of cause-and-effect that
forms a circuit or loop. The
system can then be said to
feed back into itself.
Transport Innovations
• As transport developments occur, TNCs prosper too. In
the 1900s, large manufacturing companies, such as
Ford and General Motors, were able to export products
more widely.
• Over time, increased connectivity between countries
allowed multiple sites of production to be established, both
to reduce transport costs and to take advantage of cheap
sites of production where wages were lower.
• Can you think of examples of these?
What are the benefits of Ford having multiple production plants?
Why do you think that the world is ‘shrinking’?
Time-Space Compression – ‘It’s a
small world’
• Heightened connectivity has changed
our concept of time, as distance and
potential barriers to the migration of
people, goods, money and information
have changed
• This perpetual change is called time-
space compression.
• As travel times fall due to new
inventions, different places approach
each other in ‘space-time’: they begin to
feel closer together than in the past. This
is also called the shrinking world.
• It was took three weeks to get from
London to New York, this now can take
less than 8 hours
This brilliant isochrone world map created by Rome2Rio shows how long it takes
to get from London to anywhere in the world in 2016.
• It was based on a 1914 map by cartographer and geographer John George Bartholomew. The most
noticeable difference is how much less time it takes to get anywhere in 2016 vs 1914.
• In 1914, the quickest journeys could be completed within 5 days, whereas in 2016 the slowest
journeys take just over 1.5 days.
How do we communicate?
How has this sped up in recent years?
So what else has accelerated Globalisation?
• Surely not just an increase in telecommunications
Main reasons for an acceleration in
Globalisation
TNC’s Shifting production to LEDC’s creating global connections
and networks
Communications Internet, telecommunications improvements have reduced
communication costs.
Consumers Global consumers have increased demand over the world for
different products and services
The Media Helped to connect the world and increase ‘similar’ thinking
about what people ‘should’ want.
Transport Increase in containerisation , cheap air fares have
revolutionised transport
What are the main
reasons you can think
of for an increase in
globalisation?
Can you explain
these reasons?
To Finish
• What do you think is meant by the term containerisation
• Why do you feel that in todays world containers are used
• How do you feel they have accelerated globalisation
In a Nutshell
• Globalisation involves widening and deepening global connections,
interdependence and flows (commodities, capital, information, migrants
and tourists).
• Developments in transport and trade in the 19th century (railways,
telegraph, steam-ships) accelerated in the 20th century (jet aircraft,
containerisation), contributing to a ‘shrinking world’.
• The 21st century has been dominated by rapid development in ICT and
mobile communication (mobile phones, internet, social networking,
electronic banking, fibre optics), lowering communication costs and
contributing to time-space compression.
Assess the main factors that have accelerated
globalisation (12)

More Related Content

PPT
3.10.1 Globalisation Definitions And Characteristics
PPTX
GLOBALISATION-CULTURAL AND SOCIAL
PPT
Globaliozation
PPTX
Globalization concept and categories nbe chapter 6
PPTX
Impact of Globalisation 2015 (PPT)
DOC
Introduction To Globalization
PPT
History of Globalisation
PPTX
Structure_of_Globalization.pptx
3.10.1 Globalisation Definitions And Characteristics
GLOBALISATION-CULTURAL AND SOCIAL
Globaliozation
Globalization concept and categories nbe chapter 6
Impact of Globalisation 2015 (PPT)
Introduction To Globalization
History of Globalisation
Structure_of_Globalization.pptx

What's hot (20)

PPTX
The Impact of Globalization
PPTX
Globalization:pros and cons
PPTX
Introduction to globalization and developing countries
PPTX
Globalization
PPTX
A World of Ideas Cultures of Globalization
PDF
Effects on Globalization, collaboration and cooperation
PDF
Globalization powerpoint
PPTX
The effects of globalization
PPTX
Environment and globalization
PPTX
Culture impact of globalization
PPTX
Introduction to globalization
PPTX
Globalization
PPTX
Globalization, its stages, causes, conditions and key players in globalization
PPTX
Global politics, governance, and the globalization
PPT
Theories of IR-4-globalization
PDF
The impact of globalization in the developing countries
PDF
North-South Divide (Generic)
PPTX
Globalization- Impact on Developing Countries
PPT
Globalization
PPTX
Global Economy
The Impact of Globalization
Globalization:pros and cons
Introduction to globalization and developing countries
Globalization
A World of Ideas Cultures of Globalization
Effects on Globalization, collaboration and cooperation
Globalization powerpoint
The effects of globalization
Environment and globalization
Culture impact of globalization
Introduction to globalization
Globalization
Globalization, its stages, causes, conditions and key players in globalization
Global politics, governance, and the globalization
Theories of IR-4-globalization
The impact of globalization in the developing countries
North-South Divide (Generic)
Globalization- Impact on Developing Countries
Globalization
Global Economy

Similar to Lesson 1a & 1b introduction to globalisation (20)

PPTX
Globalisation its causes and impact
PDF
Globalization
PPTX
Globalization
PPTX
GLOBAL NETWORK TRENDS NETWORKS AND THINKING.pptx
PPTX
PPTX
What is globalisation?
PPT
Chapter 2 sustaining economic development
PPTX
What is globalisation?
PPTX
Globalisation
PPT
Unit 1: Introduction to Globalization and International Business
PPTX
Globalisation Revision
PPT
L1 ap what is globalisation
PPT
L1 ap what is globalisation
PPTX
Session 2 Globalisation Class session.pptx
PPT
Globalisation and society
DOC
Globalization And Customer Expectations
PPTX
Globalisation and reverse flow
PPT
266877 633930975098664037
PPT
Part 3
PPT
Part 3 Space
Globalisation its causes and impact
Globalization
Globalization
GLOBAL NETWORK TRENDS NETWORKS AND THINKING.pptx
What is globalisation?
Chapter 2 sustaining economic development
What is globalisation?
Globalisation
Unit 1: Introduction to Globalization and International Business
Globalisation Revision
L1 ap what is globalisation
L1 ap what is globalisation
Session 2 Globalisation Class session.pptx
Globalisation and society
Globalization And Customer Expectations
Globalisation and reverse flow
266877 633930975098664037
Part 3
Part 3 Space

More from James Foster (20)

PPTX
Lesson 3a & 3b measuring globalisation & tn cs and globalisation
PPTX
Lesson 2a & b political and economic players in globalisation
PPTX
Lesson 13 identity and challenges
PPTX
Lesson 12 national identity
PPTX
Lesson 10 IGOs in trade and finance
PPTX
Lesson 14 consequences of disunity
PPTX
Lesson 11 IGOs and the environment
PPTX
Lesson 8 the global organisations
PPTX
Lesson 5 nationalism today
PPTX
Lesson 4 nation states
PPTX
Lesson 9 case study bosnia
PPTX
Lesson 7 new states
PPTX
Lesson 2 patterns of international migration
PPTX
Lesson 1 globalisation and the increase in migration
PPTX
Lesson 3 challenges to identity and sovereignty
PPTX
Lesson 16 futures for glacial environments
PPTX
Lesson 15 svalbard a case study
PPTX
Lesson 14 the management of glacial landscapes
PPTX
Lesson 13 the frameworks for protection
PPTX
Lesson 10 humans and glacial environments
Lesson 3a & 3b measuring globalisation & tn cs and globalisation
Lesson 2a & b political and economic players in globalisation
Lesson 13 identity and challenges
Lesson 12 national identity
Lesson 10 IGOs in trade and finance
Lesson 14 consequences of disunity
Lesson 11 IGOs and the environment
Lesson 8 the global organisations
Lesson 5 nationalism today
Lesson 4 nation states
Lesson 9 case study bosnia
Lesson 7 new states
Lesson 2 patterns of international migration
Lesson 1 globalisation and the increase in migration
Lesson 3 challenges to identity and sovereignty
Lesson 16 futures for glacial environments
Lesson 15 svalbard a case study
Lesson 14 the management of glacial landscapes
Lesson 13 the frameworks for protection
Lesson 10 humans and glacial environments

Recently uploaded (20)

PDF
Supply Chain Operations Speaking Notes -ICLT Program
PDF
grade 11-chemistry_fetena_net_5883.pdf teacher guide for all student
PDF
RMMM.pdf make it easy to upload and study
PDF
Saundersa Comprehensive Review for the NCLEX-RN Examination.pdf
PDF
102 student loan defaulters named and shamed – Is someone you know on the list?
PDF
ANTIBIOTICS.pptx.pdf………………… xxxxxxxxxxxxx
PPTX
Introduction-to-Literarature-and-Literary-Studies-week-Prelim-coverage.pptx
PPTX
Microbial diseases, their pathogenesis and prophylaxis
PPTX
202450812 BayCHI UCSC-SV 20250812 v17.pptx
PPTX
1st Inaugural Professorial Lecture held on 19th February 2020 (Governance and...
PDF
Classroom Observation Tools for Teachers
PPTX
PPT- ENG7_QUARTER1_LESSON1_WEEK1. IMAGERY -DESCRIPTIONS pptx.pptx
PDF
Anesthesia in Laparoscopic Surgery in India
PPTX
Institutional Correction lecture only . . .
PPTX
Final Presentation General Medicine 03-08-2024.pptx
PPTX
Pharmacology of Heart Failure /Pharmacotherapy of CHF
PDF
A GUIDE TO GENETICS FOR UNDERGRADUATE MEDICAL STUDENTS
PDF
2.FourierTransform-ShortQuestionswithAnswers.pdf
PDF
FourierSeries-QuestionsWithAnswers(Part-A).pdf
PDF
GENETICS IN BIOLOGY IN SECONDARY LEVEL FORM 3
Supply Chain Operations Speaking Notes -ICLT Program
grade 11-chemistry_fetena_net_5883.pdf teacher guide for all student
RMMM.pdf make it easy to upload and study
Saundersa Comprehensive Review for the NCLEX-RN Examination.pdf
102 student loan defaulters named and shamed – Is someone you know on the list?
ANTIBIOTICS.pptx.pdf………………… xxxxxxxxxxxxx
Introduction-to-Literarature-and-Literary-Studies-week-Prelim-coverage.pptx
Microbial diseases, their pathogenesis and prophylaxis
202450812 BayCHI UCSC-SV 20250812 v17.pptx
1st Inaugural Professorial Lecture held on 19th February 2020 (Governance and...
Classroom Observation Tools for Teachers
PPT- ENG7_QUARTER1_LESSON1_WEEK1. IMAGERY -DESCRIPTIONS pptx.pptx
Anesthesia in Laparoscopic Surgery in India
Institutional Correction lecture only . . .
Final Presentation General Medicine 03-08-2024.pptx
Pharmacology of Heart Failure /Pharmacotherapy of CHF
A GUIDE TO GENETICS FOR UNDERGRADUATE MEDICAL STUDENTS
2.FourierTransform-ShortQuestionswithAnswers.pdf
FourierSeries-QuestionsWithAnswers(Part-A).pdf
GENETICS IN BIOLOGY IN SECONDARY LEVEL FORM 3

Lesson 1a & 1b introduction to globalisation

  • 2. Starter • How far has the water in this bottle travelled? • What are the impacts of that journey? • Is this globalisation gone mad In 2012, official Adidas reports showed that they were operating over 1,000 overseas factories with vast majority of them located in Turkey, India, China, Vietnam, Thailand, and Indonesia. Where are North Face jackets made? The parent company of The North Face, VF Corporation, owns over 30 manufacturing facilities in countries including China, Vietnam, Bangladesh, Cambodia, India, and many more.
  • 3. FIJI WATER • The firm claims to be the “the first major beverage brand to give a carbon negative commitment”, meaning that buying its product is actually good for the planet. • However, the firm takes fresh water from the island of Viti Levu (part of Fiji) and ships it thousands of miles to the UK. • Any ideas how they could claim to be carbon negative when the water has to take this epic journey?
  • 4. How? • The firm planned to plant four square miles of trees per year to offset the footprint of its cargo, however they have planted less than half of that number so far - with no indication of when the rest might be planted.
  • 5. Some Positives and Negatives Perceived Positives • Hyper-globalisers applaud the fact that millions of people have escaped dollar-a-day poverty since the 1970s. • They celebrate the ways cultures are mixing and, at the local scale, often becoming more diverse. Perceived Negatives • A world in which people have greater freedom to migrate across political borders – as it the case for European Union members – is not to everyone’s taste. • There are fears too that Transnational Corporations (TNCs) are responsible for a growing trend towards cultural homogeneity (uniformity) on a global scale. • As a result, many people are sceptical about the merits of globalisation.
  • 6. What are your pros and cons of Globalisation?
  • 7. Globalisation is a long-standing Process • It is the latest chapter in a long story about how people and places have been connected on our planet. • Globalisation is not a new concept • Past examples include: • Trade • Colonialism Columbus and his men traded bells, tin whistles and other trinkets with the native people when they arrived in the Americas, in return for large amounts of more valuable produce such as vanilla pods and tobacco The East India Company ran from 1600 – 1874 trading around the world
  • 8. Examples of Old Globalisation • The Silk Road Dates from the beginning of the Han dynasty in China (207 BCE–220 CE) • The Spice Trade • Dates back to the medieval periods
  • 9. Definitions of Globalisation • There is no accepted definition of globalisation • ‘The growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, freer international capital flows, and more rapid and widespread diffusion of technology’ (IMF). • What are the key elements of this definition • ‘The growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, freer international capital flows, and more rapid and widespread diffusion of technology’ Create your own definition for the meaning of globalisation. A good definition of globalisation for geography would take into account the fact that it is a multi-strand process incorporating social, economic, cultural, political and environmental aspects.
  • 10. Globalisation comes in different forms • Political • Economic • Cultural • Social • Draw a table and try to come up with examples for each one • E.G. Social globalisation - migration
  • 11. Length, Depth and Speed of Global Connection • Lengthening of connections – between people and places with products sourced from further away such as UK to Fiji • Deepening of connections – between people and places which now penetrates all aspects of our lives. Consider the food you eat: • Write down your 3 favourite foods • Faster Speed of connections – with people able to talk to one another in real time, using technologies such as skype or travel quickly between countries using jet aircraft • Think of the furthest place you have been and how long it took to get there
  • 12. Economic Growth of TNCs and cross border exchanges of goods and services ICT growth allows for more spatial divisions of labour and increased global business Internet allows for growth of online business like Amazon Social International Migration has created family networks across borders multi-ethnic cities Global Improvements in Education and Healthcare – increased life expectancy and literacy rates (Though this isn’t uniform) Social Interconnectivity – growth in use of mobile technology, internet and email Political Growth of trade blocs like EU and ASEAN allows TNCs to merge and buy companies in neighbouring countries with reduced tariffs and helps markets to grow Global concerns such as free trade and credit crunch as well as global responses to Natural disasters such as Boxing Day tsunami Word Bank, IMF and WTO work to harmonise national economies Cultural •Successful western cultural traits have come to dominate such as Americanisation •Globalisation has mixed and merged cultures to create global influences •Circulation of ideas and information has accelerated with social media and 24 hr news channels Types of Globalisation
  • 13. Given the definitions we have seen, consider the length, depth and speed of the connection that the following people have with the rest of the world… These women live on a floating island made of reeds on Lake Titicaca in Peru. They adhere mostly to the traditional lifestyle of their ancestors, but they allow visits from tourists who take their photographs and buy their crafts. This couple own a farm in Arizona. Terry is American and Ramona is Mexican. They work hard, running their business and neither have ever needed a passport because they do not have time for holidays. Michal is Polish and sang Poland’s entry for the Eurovision song contest in 2016. He lives the life of a modern hippy – travelling around with his guitar and sharing his music and zest for life with the world.
  • 14. Flows • Consider the importance of the following flows between countries • Commodities • Capital • Migrants • Tourists • Information • Can you give any specific examples of these?
  • 15. Remittance flows - Skills • Draw a table to show the source region, host country and value for each remittance flow.
  • 16. Flows of People • Have a go • This complex flow diagram shows global migration flows • Try to work out • Which people migrate to North America • Which people migrant to southern Europe • Where do most S. Asia people do?
  • 17. • Write down: • The reasons you feel globalisation is good • The reasons you feel globalisation is bad
  • 18. Compare Facebook connectivity in Africa with that in Europe. (3) Explain some of the factors that may contribute to the different levels of connectivity between areas (4)
  • 19. The Development of Globalisation
  • 20. How globalisation works • Imagine a British tourist, wearing a t-shirt made in Guatemala, scrolling through the menu list on her American-designed smartphone (which was made in China). She selects the music of a Canadian singer, sends photos home to the UK, while relaxing in a hardwood chair imported from Bali. Her meal arrives – its an Indian dish, served on the veranda of a Cuban hotel, managed by a Spanish leisure chain. • Now write a short paragraph of your own, like this one, including as many global examples as possible. • Aim for 8+ examples.
  • 21. So lets look at this more deeply • Identify the factors accelerating globalisation. • Understand the role of communications and transport in time-space compression.
  • 22. Definitions quiz • At GCSE and in life there are words you may or may not have done but have a go at defining these: 1. World Bank 2. containerisation 3. flow 4. outsourcing 5. tariff 6. FDI (Foreign Direct Investment) 7. economic liberalisation 8. interdependence
  • 23. Answers World Bank • An international financial institution that provides loans to countries of the world for capital projects. containerisation • The development of standardised metal containers for cargo, which can be transferred between train, lorry and ship carriers. flow • The movement people, money, resources, goods and services, etc. between places. outsourcing • TNCs contract another country to produce goods and services they need rather than do it themselves. tariff • The taxes that are paid when importing or exporting goods and services between countries. FDI (Foreign Direct Investment) • A financial injection made by a TNC into a nation’s economy, either to build new facilities (factories or shops) or to acquire, or merge with, an existing firm already based there. economic liberalisation • The lessening of government regulations and restrictions in an economy with the goal of expanding the role of private and foreign investment. Interdependence • If two places become over reliant on financial/political connections with one another, they have become interdependent. Give yourself 1 mark for getting the idea of it right or 2 marks for getting it right
  • 24. Transport and Trade in the 19th and 20th Centuries • Developments in transport and trade went hand-in-hand during the nineteenth and twentieth centuries. • While transport improvements have allowed the value of trade to increase, it is also the case that major trading powers such at the USA, seek to maintain their competitive edge through continued transport innovation. This feedback loop is the result. A feedback loop is when the output (Transport)of a system are routed back as inputs (trade) as part of a chain of cause-and-effect that forms a circuit or loop. The system can then be said to feed back into itself.
  • 25. Transport Innovations • As transport developments occur, TNCs prosper too. In the 1900s, large manufacturing companies, such as Ford and General Motors, were able to export products more widely. • Over time, increased connectivity between countries allowed multiple sites of production to be established, both to reduce transport costs and to take advantage of cheap sites of production where wages were lower. • Can you think of examples of these?
  • 26. What are the benefits of Ford having multiple production plants?
  • 27. Why do you think that the world is ‘shrinking’?
  • 28. Time-Space Compression – ‘It’s a small world’ • Heightened connectivity has changed our concept of time, as distance and potential barriers to the migration of people, goods, money and information have changed • This perpetual change is called time- space compression. • As travel times fall due to new inventions, different places approach each other in ‘space-time’: they begin to feel closer together than in the past. This is also called the shrinking world. • It was took three weeks to get from London to New York, this now can take less than 8 hours
  • 29. This brilliant isochrone world map created by Rome2Rio shows how long it takes to get from London to anywhere in the world in 2016.
  • 30. • It was based on a 1914 map by cartographer and geographer John George Bartholomew. The most noticeable difference is how much less time it takes to get anywhere in 2016 vs 1914. • In 1914, the quickest journeys could be completed within 5 days, whereas in 2016 the slowest journeys take just over 1.5 days.
  • 31. How do we communicate? How has this sped up in recent years?
  • 32. So what else has accelerated Globalisation? • Surely not just an increase in telecommunications
  • 33. Main reasons for an acceleration in Globalisation TNC’s Shifting production to LEDC’s creating global connections and networks Communications Internet, telecommunications improvements have reduced communication costs. Consumers Global consumers have increased demand over the world for different products and services The Media Helped to connect the world and increase ‘similar’ thinking about what people ‘should’ want. Transport Increase in containerisation , cheap air fares have revolutionised transport What are the main reasons you can think of for an increase in globalisation? Can you explain these reasons?
  • 34. To Finish • What do you think is meant by the term containerisation • Why do you feel that in todays world containers are used • How do you feel they have accelerated globalisation
  • 35. In a Nutshell • Globalisation involves widening and deepening global connections, interdependence and flows (commodities, capital, information, migrants and tourists). • Developments in transport and trade in the 19th century (railways, telegraph, steam-ships) accelerated in the 20th century (jet aircraft, containerisation), contributing to a ‘shrinking world’. • The 21st century has been dominated by rapid development in ICT and mobile communication (mobile phones, internet, social networking, electronic banking, fibre optics), lowering communication costs and contributing to time-space compression.
  • 36. Assess the main factors that have accelerated globalisation (12)