12.1 textbook

Question 1

Why do ‘hyperglobalisers’ applaud globalisation?

Answer 1

Millions of people have escaped the ‘dollar-a-day’ poverty since 1970, they celebrate cultures mixing and local culture becoming more diverse

Question 2

How was global connection achieved in the past?

Answer 2

Trade - especially after 1492 when Columbus reaches the Americas and world economy began to form
Colonialism - by the end of the nineteenth century, the British Empire directly controlled one-quarter of the world and its people
Co-operation - ever since the First World War ended in 1918, international organisations similar to the UN existed

Question 3

Name the four types of globalisation

Answer 3

Economic
Political
Social
Cultural

Question 4

Describe economic globalisation

Answer 4

The growth of TNCs accelerated cross border exchanges of resources
ICT supports the growth of complex spacing divisions of labour for firms and a greater economy
Online purchasing on a smartphone

Question 5

Describe political globalisation

Answer 5

The growth of trading blocs allows TNCs to merge as well as reduced trade restrictions and tariffs to promote market growth
Global concerns such as free trade and the response to natural disaster
The World Bank, IMF and WTO work internationally to harmonise economies

Question 6

Describe social globalisation

Answer 6

International immigration has created extensive family networks so societies become multi-ethnic
Global improvements in education and health rising world life expectancy though not all changes are uniform or universal
Social interconnectivity has grown over time by ‘universal connections’ e.g. mobile phones and the internet

Question 7

Describe cultural globalisation

Answer 7

Successful western cultural traits dominate some territories e.g. ‘Americanisation’
Cultural erosion to new emerging cultures and foreign investment
Due to 24hour reporting all live news can be accessed world wide as it happens